Aozora Bank (OTCMKTS:AOZOY) Shares Up 3.2% – Time to Buy?

Aozora Bank, Ltd. (OTCMKTS:AOZOYGet Free Report) shot up 3.2% during mid-day trading on Wednesday . The stock traded as high as $3.90 and last traded at $3.90. 127 shares were traded during trading, a decline of 78% from the average session volume of 571 shares. The stock had previously closed at $3.78.

Aozora Bank Price Performance

The business has a fifty day moving average of $3.75 and a 200-day moving average of $3.77.

Aozora Bank Company Profile

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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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