Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 14,401 shares were traded during mid-day trading, an increase of 146% from the previous session’s volume of 5,861 shares.The stock last traded at $20.24 and had previously closed at $20.23.
Ferrellgas Partners Trading Up 3.8%
The company’s 50-day moving average is $19.06 and its 200 day moving average is $16.98. The firm has a market cap of $2.04 billion, a PE ratio of -24.71 and a beta of 2.99.
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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