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

Ferrellgas Partners logo with Energy background

Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPR - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $11.00, but opened at $10.51. Ferrellgas Partners shares last traded at $10.26, with a volume of 472 shares traded.

Ferrellgas Partners Stock Performance

The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of -12.76 and a beta of 2.99. The company has a 50 day moving average price of $9.47 and a two-hundred day moving average price of $9.90.

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.

Further Reading

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