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Ferrellgas Partners (OTCMKTS:FGPR) Sees Large Volume Increase - Time to Buy?

Ferrellgas Partners logo with Energy background

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - Get Free Report) shares saw an uptick in trading volume on Wednesday . 40,361 shares changed hands during mid-day trading, an increase of 660% from the previous session's volume of 5,311 shares.The stock last traded at $13.39 and had previously closed at $13.25.

Ferrellgas Partners Stock Performance

The company has a market cap of $1.29 billion, a price-to-earnings ratio of -15.59 and a beta of 2.99. The business has a 50-day simple moving average of $10.02 and a 200-day simple moving average of $10.14.

About Ferrellgas Partners

(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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