Fraport (OTCMKTS:FPRUY) Trading Down 4.8% – Here’s Why

Fraport AG (OTCMKTS:FPRUYGet Free Report)’s share price fell 4.8% on Friday . The stock traded as low as $41.40 and last traded at $41.40. 600 shares changed hands during trading, a decline of 64% from the average session volume of 1,647 shares. The stock had previously closed at $43.49.

Analysts Set New Price Targets

Separately, Morgan Stanley cut shares of Fraport from an “overweight” rating to a “mixed” rating in a report on Monday, October 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Check Out Our Latest Report on FPRUY

Fraport Price Performance

The company’s fifty day simple moving average is $43.67 and its 200 day simple moving average is $39.56.

Fraport Company Profile

(Get Free Report)

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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