Ferrellgas Partners (OTCMKTS:FGPR) Hits New 52-Week High – Here’s What Happened
by Jessica Moore · The Cerbat GemFerrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as $27.20 and last traded at $27.19, with a volume of 3385 shares traded. The stock had previously closed at $26.80.
Ferrellgas Partners Price Performance
The stock has a market capitalization of $2.64 billion, a PE ratio of -31.99 and a beta of 2.99. The company has a 50 day moving average price of $22.46 and a 200-day moving average price of $19.21.
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.