Internet Initiative Japan, Inc. (OTCMKTS:IIJIY - Get Free Report) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 223 shares, a decline of 14.2% from the March 15th total of 260 shares. Based on an average trading 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
IIJIY opened at $32.05 on Friday. The stock has a market cap of $2.94 billion, a PE ratio of 19.08 and a beta of 1.11. Internet Initiative Japan has a 52 week low of $27.00 and a 52 week high of $44.71. The business's fifty day simple moving average is $29.48 and its 200 day simple moving average is $33.00.
Internet Initiative Japan (OTCMKTS:IIJIY - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The communications equipment provider reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.11). The firm had revenue of $557.44 million for the quarter, compared to the consensus estimate of $565.72 million. Internet Initiative Japan had a return on equity of 15.12% and a net margin of 6.64%. As a group, equities analysts anticipate that Internet Initiative Japan will post 0.37 earnings per share for the current year.
Internet Initiative Japan Company Profile
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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.
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