Ferrellgas Partners (OTCMKTS:FGPR) Shares Down 5.2% – Here’s Why

Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) shares were down 5.2% on Monday. The stock traded as low as $20.00 and last traded at $20.00. 2,182 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 3,992 shares. The stock had previously closed at $21.10.

Ferrellgas Partners Stock Down 2.9%

The firm has a market cap of $1.98 billion, a P/E ratio of -24.00 and a beta of 2.99. The stock’s 50-day moving average is $22.03 and its 200-day moving average is $23.50.

Ferrellgas Partners Company Profile

(Get Free Report)

Ferrellgas Partners, L.P. is a limited partnership associated with Ferrellgas, a U.S. distributor of propane and related products. The company supplies propane for residential heating, agriculture, commercial and industrial operations, motor fuel, and other energy applications. Its offerings also include propane equipment, storage tanks, delivery services, and related installation and maintenance support.

Ferrellgas distributes propane through a network of retail locations, delivery operations, and independent dealers serving customers across the United States.

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