BOC Aviation (OTCMKTS:BCVVF) Stock Jumps 21.3% – Here’s Why

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

BOC Aviation Stock Performance

The business’s 50 day moving average price is C$9.01 and its 200-day moving average price is 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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