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Ferrellgas Partners (OTCMKTS:FGPR) Sees Large Volume Increase - Should You Buy?

Ferrellgas Partners logo with Energy background

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 90,430 shares traded hands during trading, an increase of 2,039% from the previous session's volume of 4,227 shares.The stock last traded at $11.20 and had previously closed at $10.99.

Ferrellgas Partners Trading Up 1.9%

The firm's 50 day moving average is $9.60 and its two-hundred day moving average is $9.95. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of -13.18 and a beta of 2.99.

Ferrellgas Partners Company Profile

(Get Free Report)

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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