Ferrellgas Partners (OTCMKTS:FGPR) Stock Price Up 10.6% - Here's What Happened

Key Points

• Ferrellgas Partners, L.P. stock experienced a significant increase of 10.6% during trading on Monday, reaching a last traded price of $16.84.
• The trading volume surged to approximately 9,198 shares, an increase of 84% from its average daily volume.
• Ferrellgas Partners operates in the propane distribution industry, offering services under the Blue Rhino brand name for portable tank exchanges.

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - ) rose 10.6% during trading on Monday . The company traded as high as $16.84 and last traded at $16.84. Approximately 9,198 shares changed hands during trading, an increase of 84% from the average daily volume of 5,009 shares. The stock had previously closed at $15.22.

Ferrellgas Partners Trading Up 23.4%

The business has a 50-day moving average price of $14.71 and a 200 day moving average price of $11.83. The stock has a market capitalization of $1.83 billion, a P/E ratio of -22.11 and a beta of 2.99.

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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