Internet Initiative Japan, Inc. (OTCMKTS:IIJIY – Get Free Report) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 263 shares, a decrease of 46.4% from the May 14th total of 491 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 1,426 shares, the short-interest ratio is presently 0.2 days.
Internet Initiative Japan Price Performance
IIJIY stock traded down $2.38 during mid-day trading on Friday, reaching $36.08. The company had a trading volume of 1,463 shares, compared to its average volume of 743. The company has a market capitalization of $3.31 billion, a PE ratio of 20.05 and a beta of 1.16. The firm has a 50 day moving average of $35.56 and a 200 day moving average of $33.44. Internet Initiative Japan has a 12 month low of $27.00 and a 12 month high of $40.70.
Internet Initiative Japan (OTCMKTS:IIJIY – Get Free Report) last issued its earnings results on Thursday, May 14th. The communications equipment provider reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.10. Internet Initiative Japan had a net margin of 6.97% and a return on equity of 15.88%. The business had revenue of $607.44 million for the quarter, compared to the consensus estimate of $598.43 million.
Internet Initiative Japan Company Profile
Internet Initiative Japan Inc (OTCMKTS: IIJIY) was founded in 1992 and is recognized as Japan’s first commercial Internet service provider. Headquartered in Tokyo, the company builds and operates large‐scale IP networks, offering a full suite of connectivity solutions including dedicated internet access, virtual private networks (VPNs), multiprotocol label switching (MPLS) services, and high‐capacity leased lines. IIJ’s network backbone spans major Japanese cities and is linked to international points of presence, supporting both domestic and cross-border data traffic.
In addition to core connectivity services, IIJ provides a broad portfolio of IT infrastructure offerings.
Recommended Stories
- Five stocks we like better than Internet Initiative Japan
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Receive News & Ratings for Internet Initiative Japan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Internet Initiative Japan and related companies with MarketBeat.com's FREE daily email newsletter.
