Fraport AG (FRA:FRA – Get Free Report)’s share price dropped 2% during trading on Thursday. The company traded as low as €61.80 and last traded at €62.45. 111,611 shares traded hands during mid-day trading, The stock had previously closed at €63.75.
Fraport Trading Down 2.0%
The stock has a 50 day moving average price of €64.31 and a two-hundred day moving average price of €69.33.
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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