Ferrellgas Partners (OTCMKTS:FGPR) Sees Large Volume Increase – Here’s What Happened

Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 1,537 shares were traded during mid-day trading, an increase of 121% from the previous session’s volume of 697 shares.The stock last traded at $18.09 and had previously closed at $18.30.

Ferrellgas Partners Stock Performance

The firm’s 50 day moving average is $18.24 and its two-hundred day moving average is $15.34. The stock has a market capitalization of $1.78 billion, a PE ratio of -21.53 and a beta of 2.99.

About Ferrellgas Partners

(Get Free Report)

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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