Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) saw an uptick in trading volume on Friday . 5,951 shares changed hands during mid-day 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 Price Performance
The firm’s fifty day moving average price is $23.76 and its 200-day moving average price is $23.10. The company has a market cap of $2.21 billion, a price-to-earnings ratio of -26.74 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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