Fraport AG (FRA:FRA – Get Free Report) shares shot up 1% during mid-day trading on Friday . The company traded as high as €68.90 and last traded at €67.75. 72,085 shares were traded during mid-day trading, The stock had previously closed at €67.10.
Fraport Trading Down 4.6%
The firm has a 50-day moving average of €73.79 and a 200-day moving average of €74.44.
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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