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

Ferrellgas Partners logo with Energy background

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $9.26, but opened at $9.75. Ferrellgas Partners shares last traded at $9.50, with a volume of 1,138 shares trading hands.

Ferrellgas Partners Trading Down 2.6%

The stock has a market cap of $922.94 million, a P/E ratio of -11.18 and a beta of 2.99. The company's 50 day moving average price is $9.17 and its two-hundred day moving average price is $9.61.

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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