Fraport AG (OTCMKTS:FPRUF – Get Free Report)’s stock price fell 15% during mid-day trading on Tuesday. The company traded as low as $66.31 and last traded at $66.31. Approximately 110 shares changed hands during trading, a decline of 58% from the average session volume of 264 shares. The stock had previously closed at $78.00.
Fraport Stock Down 15.0%
The firm’s 50-day simple moving average is $84.06 and its 200 day simple moving average is $84.61.
Fraport Company Profile
Fraport AG is a Germany-based airport operator and airport management company. Its principal asset is Frankfurt Airport, one of Europe’s major international aviation hubs. The company’s activities include airport infrastructure management, passenger and baggage services, aircraft and cargo handling, security coordination, and the development of commercial facilities such as retail, food and beverage, parking, and real estate.
Fraport also provides airport management and related services internationally.
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