Ferrellgas Partners (OTCMKTS:FGPR) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 7,196 shares were traded during trading, an increase of 23% from the previous session’s volume of 5,872 shares.The stock last traded at $23.3365 and had previously closed at $23.23.

Ferrellgas Partners Stock Performance

The company has a market cap of $2.59 billion, a P/E ratio of -31.33 and a beta of 2.99. The company has a fifty day moving average price of $20.82 and a two-hundred day moving average price of $18.34.

About Ferrellgas Partners

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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.

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