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

Ferrellgas Partners, L.P. (OTCMKTS:FGPR)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $27.1130 and last traded at $26.46, with a volume of 7864 shares traded. The stock had previously closed at $27.00.

Ferrellgas Partners Stock Down 2.0%

The firm has a fifty day simple moving average of $21.71 and a 200-day simple moving average of $18.80. The company has a market cap of $2.57 billion, a PE ratio of -31.13 and a beta of 2.99.

About Ferrellgas Partners

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.