Fraport AG (OTCMKTS:FPRUY – Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 3 shares, a drop of 84.2% from the February 26th total of 19 shares. Based on an average daily trading volume, of 83 shares, the short-interest ratio is currently 0.0 days.
Fraport Stock Performance
Shares of OTCMKTS:FPRUY remained flat at $43.74 during mid-day trading on Thursday. The company had a trading volume of 5 shares, compared to its average volume of 142. The stock’s 50 day simple moving average is $41.48 and its 200 day simple moving average is $42.20. Fraport has a 52 week low of $30.15 and a 52 week high of $45.66.
Wall Street Analysts Forecast Growth
FPRUY has been the topic of a number of recent research reports. Jefferies Financial Group raised Fraport from an “underperform” rating to a “buy” rating in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Fraport in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.
Fraport Company Profile
Fraport AG is a global airport management company headquartered in Frankfurt, Germany. The company’s primary business revolves around the operation and development of Frankfurt Airport, one of Europe’s leading aviation hubs, as well as a portfolio of regional and international airports. In addition to airport infrastructure, Fraport offers ground handling services, security screening, retail management and real estate development within its terminals. These diverse operations aim to enhance passenger experience and maximize airport efficiency through integrated service offerings.
Beyond its flagship airport in Frankfurt, Fraport has expanded its footprint to airports in more than 30 countries across Europe, the Americas, Asia and Africa.
Featured Stories
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.
