Internet Initiative Japan, Inc. (OTCMKTS:IIJIY – Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 223 shares, a drop of 14.2% from the March 15th total of 260 shares. Based on an average daily volume of 168 shares, the short-interest ratio is presently 1.3 days. Approximately 0.0% of the shares of the stock are short sold.
Internet Initiative Japan Price Performance
Shares of OTCMKTS:IIJIY opened at $32.05 on Friday. The firm has a fifty day moving average price of $29.54 and a two-hundred day moving average price of $33.00. Internet Initiative Japan has a one year low of $27.00 and a one year high of $44.71. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 19.08 and a beta of 1.11.
Internet Initiative Japan (OTCMKTS:IIJIY – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The communications equipment provider reported $0.46 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.11). Internet Initiative Japan had a net margin of 6.64% and a return on equity of 15.12%. The firm had revenue of $557.44 million during the quarter, compared to the consensus estimate of $565.72 million. Equities research analysts expect that Internet Initiative Japan will post 0.37 EPS for the current fiscal year.
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
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.
