Ferrellgas Partners (OTCMKTS:FGPR) Shares Gap Up – Here’s What Happened

Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $21.85, but opened at $22.45. Ferrellgas Partners shares last traded at $22.50, with a volume of 1,161 shares trading hands.

Ferrellgas Partners Price Performance

The stock has a market capitalization of $2.18 billion, a P/E ratio of -26.41 and a beta of 2.99. The firm has a 50 day moving average of $22.26 and a 200-day moving average of $23.89.

Ferrellgas Partners Company Profile

(Get Free Report)

Ferrellgas Partners, L.P. is a publicly traded master limited partnership that operates through its subsidiary, Ferrellgas, L.P., to distribute propane and related products and services. The company supplies propane for residential heating, cooking and agricultural uses, as well as for commercial, industrial and motor-fuel applications.

Its operations include the distribution of propane in bulk and cylinders, propane tank and equipment services, and the exchange of portable propane cylinders through the Blue Rhino brand.

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