Shares of Fraport AG (FRA:FRA – Get Free Report) were up 0.8% during mid-day trading on Thursday. The stock traded as high as €59.15 and last traded at €58.45. 154,629 shares traded hands during mid-day trading, The stock had previously closed at €58.00.
Fraport Stock Performance
The firm’s 50 day moving average price is €62.06 and its 200-day moving average price is €67.77.
Fraport Company Profile
Fraport AG owns and operates airports in Germany, rest of Europe, Asia, and the United States. It primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services. The Aviation segment operates land and airside infrastructure, which covers the area of airport charges and related security services. The Retail & Real Estate segment engages in retail activities, including development and marketing of real estate properties and land.
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