Ferrellgas Partners (OTCMKTS:FGPR) Reaches New 1-Year High - Here's What Happened

Key Points

• Ferrellgas Partners' stock hit a new 52-week high at $15.00, marking a significant increase from its previous close of $14.65.
• The company has a market capitalization of $1.43 billion and a notable PE ratio of -17.35.
• Ferrellgas Partners primarily distributes propane and conducts its portable tank exchange operations under the Blue Rhino brand.

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - )'s stock price reached a new 52-week high on Wednesday . The stock traded as high as $15.00 and last traded at $15.00, with a volume of 10041 shares trading hands. The stock had previously closed at $14.65.

Ferrellgas Partners Stock Performance

The stock has a market capitalization of $1.43 billion, a PE ratio of -17.35 and a beta of 2.99. The firm has a 50 day moving average of $12.85 and a 200-day moving average of $11.08.

About Ferrellgas Partners

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies. The company transports propane to propane distribution locations, tanks on customers' premises, or to portable propane tanks delivered to retailers. It conducts its portable tank exchange operations under the Blue Rhino brand name through a network of independent and partnership-owned distribution outlets.

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