Ferrellgas Partners (OTCMKTS:FGPR) Shares Gap Down - Time to Sell?

Key Points

• Ferrellgas Partners' stock price gapped down from a previous close of $15.25 to an opening of $14.55, marking a decline of 4.6%.
• The company's market capitalization is approximately $1.41 billion, with a price-to-earnings ratio of -17.12.
• Ferrellgas Partners, L.P. primarily focuses on distributing and selling propane and related equipment, operating under the Blue Rhino brand for portable tank exchanges.

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - )'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $15.25, but opened at $14.55. Ferrellgas Partners shares last traded at $14.55, with a volume of 284 shares traded.

Ferrellgas Partners Stock Down 4.6%

The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of -17.12 and a beta of 2.99. The stock has a 50 day moving average of $14.21 and a 200 day moving average of $11.55.

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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