Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) shares saw strong trading volume on Friday. 5,251 shares traded hands during mid-day trading, an increase of 33% from the average daily volume of 3,949 shares. The stock last traded at $18.25 and had previously closed at $18.50.
Ferrellgas Partners Stock Down 3.0%
The business’s 50 day simple moving average is $21.36 and its two-hundred day simple moving average is $22.93. The stock has a market cap of $1.74 billion, a P/E ratio of -21.12 and a beta of 2.99.
About Ferrellgas Partners
Ferrellgas Partners, L.P. is a publicly traded master limited partnership engaged in the distribution and sale of propane and related products and services. Through its operating businesses, the company supplies propane for residential heating, commercial and industrial applications, agricultural operations, motor fuel, and other energy needs.
The company also operates Blue Rhino, a propane-cylinder exchange business that provides portable propane cylinders through retail locations across the United States.
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