BOC Aviation (OTCMKTS:BCVVF) Shares Up 21.3% – Here’s Why

BOC Aviation Limited (OTCMKTS:BCVVF – Get Free Report) shares were up 21.3% during mid-day trading on Thursday. The stock traded as high as C$10.14 and last traded at C$10.14. Approximately 100 shares were traded during trading, a decline of 82% from the average session volume of 550 shares. The stock had previously closed at C$8.36.

BOC Aviation Price Performance

The stock has a 50 day simple moving average of C$9.01 and a two-hundred day simple moving average of C$9.45.

BOC Aviation Company Profile

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BOC Aviation is a global aircraft leasing company headquartered in Singapore. It acquires commercial aircraft and leases them to airlines, helping carriers manage their fleets without purchasing every aircraft outright.

The company serves airline customers across multiple regions and supports them through aircraft leasing, sale-and-leaseback transactions, aircraft sales and lease management. Its business includes placing new aircraft with carriers as well as leasing aircraft already in service.

Founded in 1993 as Singapore Aircraft Leasing Enterprise, the company was acquired by Bank of China in 2006 and subsequently adopted the BOC Aviation name.

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