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Internet Initiative Japan (OTCMKTS:IIJIY) Sees Unusually-High Trading Volume - Time to Buy?

Internet Initiative Japan logo with Computer and Technology background
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Key Points

  • Unusually high trading volume: IIJ's shares jumped 283% in volume to 3,785 shares on Thursday, with the stock trading at $37.20 versus the prior close of $36.10.
  • Earnings and revenue miss: The company reported quarterly EPS of $0.46 versus $0.57 expected and revenue of $557.4M versus $565.7M consensus, with a net margin of 6.64% and ROE of 15.12%.
  • Valuation and technicals: IIJ has a market cap of $3.47B, a P/E of 22.5 and beta of 1.11, and is trading above its 50-day ($30.55) and 200-day ($32.87) moving averages.
  • MarketBeat previews top five stocks to own in June.

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY - Get Free Report) shares saw an uptick in trading volume on Thursday . 3,785 shares changed hands during mid-day trading, an increase of 283% from the previous session's volume of 988 shares.The stock last traded at $37.20 and had previously closed at $36.10.

Internet Initiative Japan Stock Performance

The stock has a market cap of $3.47 billion, a price-to-earnings ratio of 22.50 and a beta of 1.11. The firm's 50-day simple moving average is $30.55 and its two-hundred day simple moving average is $32.87.

Internet Initiative Japan (OTCMKTS:IIJIY - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The communications equipment provider reported $0.46 earnings per share 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 company had revenue of $557.44 million during the quarter, compared to analyst estimates of $565.72 million.

About Internet Initiative Japan

(Get Free Report)

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.

See Also

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