Ferrellgas Partners (OTCMKTS:FGPR) Sets New 1-Year Low – Here’s Why

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $5.60 and last traded at $7.78, with a volume of 17597 shares. The stock had previously closed at $7.79.

Ferrellgas Partners Stock Performance

The company’s 50-day moving average price is $8.08 and its 200 day moving average price is $9.76. The stock has a market cap of $771.39 million, a PE ratio of -9.34 and a beta of 2.99.

About Ferrellgas Partners

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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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