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Ferrellgas Partners (OTCMKTS:FGPR) Shares Gap Down - Here's What Happened

Ferrellgas Partners logo with Energy background

Key Points

  • Ferrellgas Partners shares experienced a significant drop, opening at $13.00 after closing at $13.73.
  • The company's market cap is approximately $1.29 billion, with a P/E ratio of -15.59 and a high beta of 2.99.
  • Ferrellgas Partners specializes in the distribution and sale of propane and related equipment, operating under the Blue Rhino brand name.
  • Want stock alerts on Ferrellgas Partners? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $13.73, but opened at $13.00. Ferrellgas Partners shares last traded at $13.00, with a volume of 5,224 shares traded.

Ferrellgas Partners Stock Down 3.3%

The firm's 50 day simple moving average is $10.21 and its 200-day simple moving average is $10.26. The company has a market capitalization of $1.36 billion, a PE ratio of -16.49 and a beta of 2.99.

Ferrellgas Partners Company Profile

(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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