Ferrellgas Partners (OTCMKTS:FGPR) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) saw an uptick in trading volume on Thursday . 8,165 shares changed hands during mid-day trading, an increase of 101% from the previous session’s volume of 4,059 shares.The stock last traded at $22.80 and had previously closed at $22.85.

Ferrellgas Partners Price Performance

The company has a 50 day moving average price of $23.57 and a two-hundred day moving average price of $23.24. The stock has a market cap of $2.21 billion, a PE ratio of -26.76 and a beta of 2.99.

Ferrellgas Partners Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Ferrellgas Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferrellgas Partners and related companies with MarketBeat.com's FREE daily email newsletter.