Ferrellgas Partners (OTCMKTS:FGPR) Shares Gap Up – Time to Buy?

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $25.80, but opened at $27.00. Ferrellgas Partners shares last traded at $27.20, with a volume of 2,001 shares traded.

Ferrellgas Partners Price Performance

The stock has a market capitalization of $2.64 billion, a PE ratio of -32.00 and a beta of 2.99. The stock’s fifty day moving average is $22.00 and its 200-day moving average is $18.99.

About Ferrellgas Partners

(Get Free Report)

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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