Ferrellgas Partners (OTCMKTS:FGPR) Sets New 1-Year High - Here's Why

Key Points

• Ferrellgas Partners achieved a new 52-week high, trading at $15.11 during mid-day trading on Wednesday, up from a previous close of $14.62.
• The company's market capitalization stands at $1.47 billion, with a P/E ratio of -17.78 and a beta of 2.99.
• Ferrellgas Partners is primarily involved in propane distribution, conducting operations under the Blue Rhino brand through a network of distribution outlets.

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - ) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $15.11 and last traded at $15.11, with a volume of 1606 shares. The stock had previously closed at $14.62.

Ferrellgas Partners Trading Up 3.4%

The company's fifty day moving average is $13.32 and its 200-day moving average is $11.24. The firm has a market capitalization of $1.47 billion, a P/E ratio of -17.78 and a beta of 2.99.

Ferrellgas Partners Company Profile

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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