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

Ferrellgas Partners logo with Energy background

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.
  • Need better tools to track Ferrellgas Partners? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

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

Ferrellgas Partners Trading Down 2.1%

The company has a 50 day moving average of $10.50 and a 200 day moving average of $10.35. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of -16.47 and a beta of 2.99.

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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