Ferrellgas Partners LP (FGP) Catches Eye: Stock Jumps 6.2%

NGL

Ferrellgas Partners LP was a big mover last session, as the company saw its shares rise almot 6.2% on the day. The news led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend for the company as the stock is now down 45% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days while the Zacks Consensus Estimate moved higher suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Ferrellgas Partners has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is NGL Energy Partners LP (NGL - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is FGP going up? Or down? Predict to see what others think: Up or Down

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