Ferrellgas Partners (OTCMKTS:FGPR) Sees Strong Trading Volume – Time to Buy?

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) shares saw strong trading volume on Friday . Approximately 5,951 shares traded hands during trading, an increase of 45% from the previous session’s volume of 4,094 shares.The stock last traded at $22.60 and had previously closed at $22.50.

Ferrellgas Partners Stock Performance

The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of -26.74 and a beta of 2.99. The business has a fifty day moving average price of $23.76 and a 200 day moving average price of $23.10.

Ferrellgas Partners Company Profile

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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

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