Ferrellgas Partners (OTCMKTS:FGPR) Stock Price Up 3.6% - What's Next?

Key Points

• Ferrellgas Partners, L.P. saw its stock price increase by 3.6% on Wednesday, trading as high as $14.50 before settling at the same price.
• The company experienced a significant decline in trading volume, with only 1,458 shares traded, compared to an average of 5,494 shares.
• Ferrellgas Partners has a market capitalization of $1.41 billion and operates in the propane distribution sector, including the well-known Blue Rhino brand.

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - )'s share price rose 3.6% during trading on Wednesday . The company traded as high as $14.50 and last traded at $14.50. Approximately 1,458 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 5,494 shares. The stock had previously closed at $13.99.

Ferrellgas Partners Trading Up 3.6%

The stock has a 50 day simple moving average of $11.47 and a 200 day simple moving average of $10.68. The firm has a market capitalization of $1.41 billion, a PE ratio of -17.06 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.