Ferrellgas Partners (OTCMKTS:FGPR) Trading Up 13.3% – Here’s What Happened

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report)’s stock price shot up 13.3% on Tuesday . The stock traded as high as $9.71 and last traded at $9.52. 2,718 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 3,262 shares. The stock had previously closed at $8.40.

Ferrellgas Partners Stock Performance

The stock’s 50-day simple moving average is $7.87 and its 200-day simple moving average is $9.35. The firm has a market capitalization of $924.98 million, a PE ratio of -11.20 and a beta of 2.99.

Ferrellgas Partners Company Profile

(Get Free Report)

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.

Further Reading

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