Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $26.99 and last traded at $26.12, with a volume of 32496 shares changing hands. The stock had previously closed at $21.00.
Ferrellgas Partners Stock Up 1.9%
The company has a market cap of $2.52 billion, a P/E ratio of -30.53 and a beta of 2.99. The firm’s 50-day moving average price is $20.11 and its 200-day moving average price is $17.86.
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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