Ferrellgas Partners (OTCMKTS:FGPR) Trading Down 0.7% - Here's What Happened

Key Points

• Ferrellgas Partners stock price fell by 0.7%, trading at $14.60 after hitting a low of $14.56 amid a significant drop in trading volume, down 78% from the average.
• The company has a market cap of $1.42 billion and a notable P/E ratio of -17.18, indicating negative earnings.
• Ferrellgas is primarily involved in the distribution of propane and related equipment through its Blue Rhino brand, focusing on various delivery and exchange operations.

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - )'s stock price dropped 0.7% during mid-day trading on Friday . The stock traded as low as $14.56 and last traded at $14.60. Approximately 1,093 shares were traded during trading, a decline of 78% from the average daily volume of 4,905 shares. The stock had previously closed at $14.70.

Ferrellgas Partners Price Performance

The company has a market cap of $1.42 billion, a P/E ratio of -17.18 and a beta of 2.99. The company has a 50 day moving average of $14.42 and a 200-day moving average of $11.59.

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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