Ferrellgas Partners (OTCMKTS:FGPR) Shares Down 7.7% – Here’s What Happened

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) shares fell 7.7% during mid-day trading on Monday . The company traded as low as $11.41 and last traded at $12.00. 1,570 shares traded hands during trading, a decline of 49% from the average session volume of 3,094 shares. The stock had previously closed at $13.00.

Ferrellgas Partners Price Performance

The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of -14.12 and a beta of 2.99. The business has a 50 day moving average of $10.77 and a 200 day moving average of $9.37.

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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