Ferrellgas Partners (OTCMKTS:FGPR) Trading Down 1.6% – Time to Sell?

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report)’s stock price fell 1.6% during trading on Tuesday . The stock traded as low as $21.76 and last traded at $21.76. 3,693 shares were traded during trading, a decline of 2% from the average session volume of 3,772 shares. The stock had previously closed at $22.11.

Ferrellgas Partners Stock Down 1.6%

The stock’s fifty day simple moving average is $22.84 and its two-hundred day simple moving average is $23.86. The firm has a market cap of $2.11 billion, a PE ratio of -25.60 and a beta of 2.99.

Ferrellgas Partners Company Profile

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Ferrellgas Partners, L.P. (OTCMKTS:FGPR) is a master limited partnership that operates as the retail propane distribution arm of Ferrellgas, Inc, one of the largest retail propane providers in the United States. Headquartered in Liberty, Missouri, the partnership was formed in 1997 to acquire and manage propane assets and inventory in support of Ferrellgas’s nationwide network.

The company’s primary business activities include the procurement, transportation and distribution of propane to residential, commercial, industrial and agricultural customers.

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