Ferrellgas Partners (OTCMKTS:FGPR) Shares Down 0.6% – What’s Next?

Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) were down 0.6% during mid-day trading on Monday . The company traded as low as $8.25 and last traded at $8.25. Approximately 293 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 3,694 shares. The stock had previously closed at $8.30.

Ferrellgas Partners Stock Performance

The company has a market cap of $801.50 million, a price-to-earnings ratio of -9.71 and a beta of 2.99. The business’s 50 day moving average price is $9.22 and its 200-day moving average price is $11.26.

About Ferrellgas Partners

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Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies. The company transports propane to propane distribution locations, tanks on customers' premises, or to portable propane tanks delivered to retailers. It conducts its portable tank exchange operations under the Blue Rhino brand name through a network of independent and partnership-owned distribution outlets.

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