Ferrellgas Partners (OTCMKTS:FGPR) Sees Strong Trading Volume – Time to Buy?

Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) saw unusually-high trading volume on Friday. Approximately 17,617 shares traded hands during trading, an increase of 364% from the previous session’s volume of 3,793 shares. The stock last traded at $21.15 and had previously closed at $21.10.

Ferrellgas Partners Trading Down 0.5%

The company has a market capitalization of $2.04 billion, a P/E ratio of -24.71 and a beta of 2.99. The stock has a 50 day moving average price of $22.07 and a 200 day moving average price of $23.55.

About Ferrellgas Partners

(Get Free Report)

Ferrellgas Partners, L.P. is a limited partnership associated with Ferrellgas, a U.S. distributor of propane and related products. The company supplies propane for residential heating, agriculture, commercial and industrial operations, motor fuel, and other energy applications. Its offerings also include propane equipment, storage tanks, delivery services, and related installation and maintenance support.

Ferrellgas distributes propane through a network of retail locations, delivery operations, and independent dealers serving customers across the United States.

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