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Ferrellgas Partners (OTCMKTS:FGPR) Sees Unusually-High Trading Volume - Still a Buy?

Ferrellgas Partners logo with Energy background

Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPR - Get Free Report) saw strong trading volume on Wednesday . 40,361 shares were traded during 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 Up 3.1%

The stock has a market cap of $1.30 billion, a P/E ratio of -15.76 and a beta of 2.99. The firm has a 50 day simple moving average of $10.11 and a 200-day simple moving average of $10.21.

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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