Fraport (FRA:FRA) Shares Up 1.5% – Time to Buy?

Shares of Fraport AG (FRA:FRAGet Free Report) were up 1.5% on Wednesday . The company traded as high as €59.80 ($67.95) and last traded at €59.15 ($67.22). Approximately 137,114 shares changed hands during mid-day trading, The stock had previously closed at €58.30 ($66.25).

Fraport Stock Performance

The firm has a 50-day simple moving average of €56.49 and a two-hundred day simple moving average of €54.12.

Fraport Company Profile

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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.

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