Internet Initiative Japan (OTCMKTS:IIJIY) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $33.98 and traded as low as $30.18. Internet Initiative Japan shares last traded at $30.18, with a volume of 283 shares trading hands.

Internet Initiative Japan Trading Up 0.2%

The firm has a market cap of $2.77 billion, a PE ratio of 17.96 and a beta of 1.19. The firm’s 50 day simple moving average is $30.22 and its 200 day simple moving average is $33.98.

Internet Initiative Japan (OTCMKTS:IIJIY) last released its quarterly earnings data 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). The company had revenue of $557.44 million for 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%. As a group, equities research analysts predict that Internet Initiative Japan, Inc. will post 0.37 earnings per share 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.