Ferrellgas Partners (OTCMKTS:FGPR) Sets New 1-Year High - Time to Buy?

Key Points

• Ferrellgas Partners stock reached a new 52-week high, trading at $14.23, reflecting a significant increase from a previous close of $13.40.
• The company has a market capitalization of $1.40 billion and operates within the propane distribution sector, primarily under the Blue Rhino brand.
• Ferrellgas has a price-to-earnings ratio of -16.92, which suggests potential concerns regarding profitability.

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - )'s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $14.23 and last traded at $14.23, with a volume of 5962 shares changing hands. The stock had previously closed at $13.40.

Ferrellgas Partners Price Performance

The business has a fifty day moving average of $10.11 and a 200 day moving average of $10.21. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of -16.92 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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