Shares of Fraport AG (OTCMKTS:FPRUF – Get Free Report) dropped 15% on Tuesday. The company traded as low as $66.31 and last traded at $66.31. 110 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 264 shares. The stock had previously closed at $78.00.
Fraport Price Performance
The stock’s fifty day moving average price is $83.68 and its 200 day moving average price is $84.48.
About Fraport
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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