Ferrellgas Partners (FGP) Shares Cross Below 200 DMA

In trading on Wednesday, shares of Ferrellgas Partners, L.P. (FGP) crossed below their 200 day moving average of $23.04, changing hands as low as $22.66 per share. Ferrellgas Partners, L.P. shares are currently trading off about 3.3% on the day. The chart below shows the one year performance of FGP shares, versus its 200 day moving average:

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Ferrellgas Partners, L.P. 200 Day Moving Average Chart

Looking at the chart above, FGP's low point in its 52 week range is $18.10 per share, with $25.69 as the 52 week high point — that compares with a last trade of $22.70.

According to the ETF Finder at ETF Channel, FGP makes up 4.84% of the Junior MLP ETF ( MLPJ) which is trading lower by about 0.6% on the day Wednesday.

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