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

Fraport AG (OTCMKTS:FPRUYGet Free Report) was down 4.8% during trading on Friday . The stock traded as low as $41.40 and last traded at $41.40. Approximately 600 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 1,647 shares. The stock had previously closed at $43.49.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley lowered 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, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Get Our Latest Stock Report on FPRUY

Fraport Price Performance

The company’s 50-day moving average is $43.67 and its two-hundred day moving average is $39.61.

About Fraport

(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.

Read More

Receive News & Ratings for Fraport Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fraport and related companies with MarketBeat.com's FREE daily email newsletter.