Ferrellgas Partners (OTCMKTS:FGPR) Trading Down 7.7% – What’s Next?

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report)’s stock price traded down 7.7% during mid-day trading on Monday . The stock traded as low as $11.41 and last traded at $12.00. 1,570 shares were traded during mid-day 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 business has a fifty day moving average price of $10.85 and a 200 day moving average price of $9.39. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of -13.42 and a beta of 2.99.

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.

Further Reading

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