Ferrellgas Partners (OTCMKTS:FGPR) Sees Large Volume Increase – Here’s What Happened

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) saw an uptick in trading volume on Friday . Approximately 13,143 shares traded hands during mid-day trading, an increase of 251% from the previous session’s volume of 3,747 shares.The stock last traded at $21.35 and had previously closed at $21.29.

Ferrellgas Partners Stock Performance

The firm has a market cap of $2.07 billion, a P/E ratio of -25.12 and a beta of 2.99. The business’s 50-day simple moving average is $22.45 and its 200 day simple moving average is $23.86.

About Ferrellgas Partners

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Ferrellgas Partners, L.P. is a publicly traded master limited partnership that operates through its subsidiary, Ferrellgas, L.P., to distribute propane and related products and services. The company supplies propane for residential heating, cooking and agricultural uses, as well as for commercial, industrial and motor-fuel applications.

Its operations include the distribution of propane in bulk and cylinders, propane tank and equipment services, and the exchange of portable propane cylinders through the Blue Rhino brand.

Further Reading

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