Ferrellgas Partners (OTCMKTS:FGPR) Sees Unusually-High Trading Volume – Here’s Why

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) saw unusually-strong trading volume on Friday . Approximately 13,143 shares changed hands during trading, an increase of 251% from the previous session’s volume of 3,747 shares.The stock last traded at $21.35 and had previously closed at $21.29.

Ferrellgas Partners Stock Performance

The stock’s fifty day simple moving average is $22.50 and its two-hundred day simple moving average is $23.88. The company has a market cap of $2.07 billion, a price-to-earnings ratio of -25.12 and a beta of 2.99.

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.

Further Reading

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