Aozora Bank, Ltd. (OTCMKTS:AOZOY – Get Free Report)’s share price rose 22.3% during trading on Thursday . The company traded as high as $4.5850 and last traded at $4.5850. Approximately 241 shares changed hands during trading, a decline of 64% from the average daily volume of 676 shares. The stock had previously closed at $3.75.
Aozora Bank Stock Up 22.3%
The company’s fifty day moving average price is $4.03 and its two-hundred day moving average price is $4.02.
About Aozora Bank
Aozora Bank, Ltd. is a Japan-based commercial bank headquartered in Tokyo. The institution traces its roots to Nippon Credit Bank, founded in 1957 to support post-war reconstruction financing. Following a government-led restructuring in the late 1990s to address non-performing loans, the bank was privatized and rebranded as Aozora Bank in 2000. It is publicly traded in Japan and makes its shares available to international investors over the counter under the symbol AOZOY.
The bank’s core business centers on corporate and institutional banking, with a focus on loan syndications, asset-backed financing, project finance, and structured products.
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