Ferrellgas Stock Hits New 52-Week Low (FGP)

NEW YORK ( TheStreet) -- Ferrellgas Partners (NYSE: FGP) hit a new 52-week low Tuesday as it is currently trading at $15.06, below its previous 52-week low of $15.09 with 245,741 shares traded as of 1:39 p.m. ET. Average volume has been 257,600 shares over the past 30 days.

Ferrellgas has a market cap of $1.32 billion and is part of the basic materials sector and energy industry. Shares are down 19.9% year to date as of the close of trading on Monday.

Ferrellgas Partners, L.P. engages in the distribution and sale of propane, and related equipment and supplies primarily in the United States.

TheStreet Ratings rates Ferrellgas as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, disappointing return on equity and weak operating cash flow. You can view the full Ferrellgas Ratings Report.

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