Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $22.35, but opened at $24.00. Ferrellgas Partners shares last traded at $24.00, with a volume of 105 shares changing hands.
Ferrellgas Partners Trading Up 7.4%
The stock’s 50 day moving average is $24.58 and its 200-day moving average is $22.62. The company has a market cap of $2.33 billion, a P/E ratio of -28.24 and a beta of 2.99.
Ferrellgas Partners Company Profile
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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