Internet Initiative Japan (OTCMKTS:IIJIY) Shares Gap Down - Should You Sell?

Key Points

• Shares gapped down Monday, opening at $31.09 after a prior close of $32.90, on light volume of 502 shares.
• IIJ missed quarterly estimates, reporting $0.46 EPS vs. consensus $0.57 and revenue of $557.44M vs. $565.72M, and analysts forecast $0.37 EPS for the fiscal year.
• The company has a market cap of $2.94B and a trailing P/E of 19.08; its 50-day SMA is $29.38 while the 200-day SMA is $33.06.

Shares of Internet Initiative Japan, Inc. (OTCMKTS:IIJIY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $32.90, but opened at $31.09. Internet Initiative Japan shares last traded at $31.09, with a volume of 502 shares trading hands.

Internet Initiative Japan Stock Up 3.2%

The stock has a 50 day simple moving average of $29.38 and a two-hundred day simple moving average of $33.06. The stock has a market capitalization of $2.94 billion, a P/E ratio of 19.08 and a beta of 1.11.

Internet Initiative Japan (OTCMKTS:IIJIY - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The communications equipment provider reported $0.46 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by ($0.11). The company had revenue of $557.44 million during the quarter, compared to the consensus estimate of $565.72 million. Internet Initiative Japan had a net margin of 6.64% and a return on equity of 15.12%. Sell-side analysts predict that Internet Initiative Japan, Inc. will post 0.37 earnings per share for the current fiscal year.

About Internet Initiative Japan

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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