Ferrellgas Partners (OTCMKTS:FGPR) Stock Price Down 4.4% - Time to Sell?

Key Points

• Ferrellgas Partners stock price fell by 4.4%, trading at $13.50 during mid-day on Tuesday, with a significant drop in trading volume.
• The company's current market cap stands at $1.34 billion, with a negative price-to-earnings ratio of -16.22 and a beta of 2.99.
• Ferrellgas Partners specializes in the distribution and sale of propane and related equipment, operating also under its Blue Rhino brand for portable tank exchanges.

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - ) shares traded down 4.4% during mid-day trading on Tuesday . The company traded as low as $13.50 and last traded at $13.50. 177 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 5,510 shares. The stock had previously closed at $14.12.

Ferrellgas Partners Trading Down 2.4%

The company has a market cap of $1.34 billion, a price-to-earnings ratio of -16.22 and a beta of 2.99. The company has a fifty day moving average price of $11.26 and a two-hundred day moving average price of $10.63.

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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