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Bearish MACD for Ferrellgas Partners

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December 12, 2011 | Comment(s): 0
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FGP

Ferrellgas Partners, L.P.’s (FGP - Analyst Report) MACD indicator has moved into bearish territory with a reading of -0.1071. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 4% to 19.93 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending July 2012 has decreased by 3 cents over the past week to 63 cents per share.

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