Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report)’s stock price dropped 7.7% during trading on Monday . The company traded as low as $11.41 and last traded at $12.00. Approximately 1,570 shares traded hands during trading, a decline of 49% from the average daily volume of 3,094 shares. The stock had previously closed at $13.00.
Ferrellgas Partners Trading Down 4.9 %
The company has a market cap of $1.11 billion, a price-to-earnings ratio of -13.42 and a beta of 2.99. The firm has a 50-day moving average price of $10.85 and a 200 day moving average price of $9.39.
About Ferrellgas Partners
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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