Ferrellgas Partners (OTCMKTS:FGPR) Sees Unusually-High Trading Volume – What’s Next?

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) shares saw an uptick in trading volume on Thursday . 8,165 shares were traded during trading, an increase of 101% from the previous session’s volume of 4,059 shares.The stock last traded at $22.80 and had previously closed at $22.85.

Ferrellgas Partners Price Performance

The firm has a 50 day moving average of $23.62 and a two-hundred day moving average of $23.22. The stock has a market cap of $2.22 billion, a PE ratio of -26.82 and a beta of 2.99.

Ferrellgas Partners Company Profile

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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.

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