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Ferrellgas Partners (OTCMKTS:FGPR) Shares Down 4.4% - Here's Why

Ferrellgas Partners logo with Energy background

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.
  • Interested in Ferrellgas Partners? Here are five stocks we like better.

Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPR - Get Free Report) dropped 4.4% during trading on Tuesday . The company traded as low as $13.50 and last traded at $13.50. Approximately 177 shares traded hands during trading, a decline of 97% from the average daily volume of 5,510 shares. The stock had previously closed at $14.12.

Ferrellgas Partners Price Performance

The firm has a market cap of $1.41 billion, a PE ratio of -17.06 and a beta of 2.99. The business's 50 day moving average price is $11.67 and its 200 day moving average price is $10.73.

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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