Fraport AG (FRA:FRA – Get Free Report)’s share price shot up 5.9% on Monday . The company traded as high as €71.50 and last traded at €70.45. 169,873 shares changed hands during mid-day trading, The stock had previously closed at €66.55.
Fraport Price Performance
The business’s 50-day moving average is €70.95 and its two-hundred day moving average is €73.60.
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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