Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPR - Get Free Report) rose 6.2% during mid-day trading on Wednesday . The company traded as high as $9.05 and last traded at $9.05. Approximately 798 shares traded hands during trading, a decline of 79% from the average daily volume of 3,756 shares. The stock had previously closed at $8.52.
Ferrellgas Partners Trading Up 8.8%
The stock has a market cap of $874.37 million, a price-to-earnings ratio of -10.59 and a beta of 2.99. The company has a 50 day simple moving average of $9.63 and a 200-day simple moving average of $9.47.
Ferrellgas Partners Company Profile
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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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