Fraport (FRA:FRA) Trading 1.6% Higher – Still a Buy?

Fraport AG (FRA:FRAGet Free Report)’s stock price rose 1.6% on Tuesday . The company traded as high as €56.60 ($58.96) and last traded at €56.35 ($58.70). Approximately 113,026 shares traded hands during mid-day trading, The stock had previously closed at €55.45 ($57.76).

Fraport Stock Performance

The firm’s 50 day moving average is €54.61 and its 200-day moving average is €49.89.

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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