Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) rose 5.5% during mid-day trading on Friday . The stock traded as high as $19.00 and last traded at $19.00. Approximately 2,224 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 7,138 shares. The stock had previously closed at $18.01.
Ferrellgas Partners Stock Performance
The business has a 50-day simple moving average of $18.72 and a two-hundred day simple moving average of $16.55. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of -22.65 and a beta of 2.99.
Ferrellgas Partners Company Profile
Ferrellgas Partners, L.P. (OTCMKTS:FGPR) is a master limited partnership that operates as the retail propane distribution arm of Ferrellgas, Inc, one of the largest retail propane providers in the United States. Headquartered in Liberty, Missouri, the partnership was formed in 1997 to acquire and manage propane assets and inventory in support of Ferrellgas’s nationwide network.
The company’s primary business activities include the procurement, transportation and distribution of propane to residential, commercial, industrial and agricultural customers.
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