Fraport AG (FRA:FRA – Get Free Report) shares passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of €61.46 and traded as high as €63.25. Fraport shares last traded at €62.85, with a volume of 172,730 shares traded.
Fraport Stock Performance
The company’s 50-day moving average is €61.44 and its 200 day moving average is €70.05.
About Fraport
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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