Shares of Aozora Bank, Ltd. (OTCMKTS:AOZOY – Get Free Report) were down 8% during mid-day trading on Friday . The company traded as low as $4.02 and last traded at $4.02. Approximately 1,008 shares were traded during trading, an increase of 17% from the average daily volume of 858 shares. The stock had previously closed at $4.37.
Aozora Bank Stock Performance
The firm has a 50 day moving average price of $4.27 and a 200-day moving average price of $3.99.
Aozora Bank Company Profile
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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