Ferrellgas Partners (OTCMKTS:FGPR) Sees Strong Trading Volume – What’s Next?

Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) saw unusually-high trading volume on Friday. Approximately 17,617 shares changed hands during mid-day trading, an increase of 364% from the previous session’s volume of 3,793 shares. The stock last traded at $21.15 and had previously closed at $21.10.

Ferrellgas Partners Stock Down 0.5%

The stock has a market cap of $2.04 billion, a price-to-earnings ratio of -24.71 and a beta of 2.99. The stock has a 50 day simple moving average of $22.07 and a 200 day simple moving average of $23.55.

About Ferrellgas Partners

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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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