Fraport (OTCMKTS:FPRUF) Shares Up 8.9% – Here’s Why

Fraport AG (OTCMKTS:FPRUFGet Free Report)’s share price rose 8.9% during mid-day trading on Monday . The company traded as high as $84.91 and last traded at $84.91. Approximately 100 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 264 shares. The stock had previously closed at $78.00.

Fraport Trading Up 8.9%

The stock’s 50-day moving average is $80.65 and its two-hundred day moving average is $80.17.

Fraport Company Profile

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Fraport AG (OTCMKTS:FPRUF) is a global airport operator headquartered in Frankfurt, Germany. The company’s core business centers on the management, development and operation of airports and related services. At its home hub, Frankfurt Airport, Fraport provides passenger handling, baggage and cargo logistics, security screening, retail concessions and real estate development. Beyond operations, the group designs and constructs runway, terminal and infrastructure projects for its own network of airports as well as for third-party clients.

Fraport’s international footprint spans more than 30 airports across Europe, Asia, the Americas and Africa.

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