Ferrellgas Partners (OTCMKTS:FGPR) Reaches New 1-Year High – Here’s What Happened

Shares of Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $26.99 and last traded at $26.12, with a volume of 32496 shares traded. The stock had previously closed at $21.00.

Ferrellgas Partners Stock Performance

The firm has a market capitalization of $2.50 billion, a P/E ratio of -30.26 and a beta of 2.99. The firm’s 50-day moving average is $19.82 and its 200 day moving average is $17.72.

About Ferrellgas Partners

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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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