Ferrellgas Partners (OTCMKTS:FGPR) Reaches New 1-Year High – Here’s What Happened

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $26.99 and last traded at $26.12, with a volume of 32496 shares. The stock had previously closed at $21.00.

Ferrellgas Partners Price Performance

The stock has a market capitalization of $2.50 billion, a price-to-earnings ratio of -30.26 and a beta of 2.99. The business has a 50 day simple moving average of $19.82 and a 200-day simple moving average of $17.72.

About Ferrellgas Partners

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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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