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Ferrellgas Partners (OTCMKTS:FGPR) Stock Price Up 3.6% - Should You Buy?

Ferrellgas Partners logo with Energy background

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

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - Get Free Report) shares rose 3.6% during mid-day 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 Stock Down 0.1%

The firm's 50-day moving average price is $11.67 and its two-hundred day moving average price is $10.73. The firm has a market capitalization of $1.41 billion, a PE ratio of -17.04 and a beta of 2.99.

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.

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