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

Ferrellgas Partners logo with Energy background

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $10.23, but opened at $9.60. Ferrellgas Partners shares last traded at $9.60, with a volume of 246 shares changing hands.

Ferrellgas Partners Stock Up 0.7%

The company has a 50-day moving average of $9.31 and a two-hundred day moving average of $9.71. The company has a market capitalization of $1.00 billion, a P/E ratio of -12.12 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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