Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report)’s share price shot up 0.8% during mid-day trading on Monday . The company traded as high as $24.00 and last traded at $24.00. 849 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 4,838 shares. The stock had previously closed at $23.80.
Ferrellgas Partners Stock Performance
The firm has a market capitalization of $2.33 billion, a PE ratio of -28.25 and a beta of 2.99. The business’s 50 day moving average price is $25.60 and its 200-day moving average price is $21.53.
About Ferrellgas Partners
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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