Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) saw strong trading volume on Tuesday . Approximately 3,588 shares were traded during mid-day trading, a decline of 9% from the previous session’s volume of 3,951 shares.The stock last traded at $22.85 and had previously closed at $22.5950.
Ferrellgas Partners Stock Performance
The firm’s 50 day moving average is $23.24 and its 200 day moving average is $23.57. The stock has a market cap of $2.22 billion, a P/E ratio of -26.88 and a beta of 2.99.
About Ferrellgas Partners
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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