Hopefully you got out of Ferrellgas Partners, L.P. (NYSE:FGP) early, as today the stock is trading 3.81% or 0.04 points down from last closing price of $1.05, reaching $1.01 at last check. The FGP share price has dropped in 3 of the last 5 days and is down -30.33% over the past week. It will be exciting to see whether the stock manages to continue decreasing or take a minor break for the next few days. The move came on solid volume too with far more shares changing hands than in a normal session. Trading activity as of this writing strengthened by 52,410 shares, and in total 188810 shares valued at $190698 were seen changing hands compared with 136400 shares valued at $143220 recorded at the previous session. You should take into consideration that a greater volume on lower prices causes the situation where nobody wants to continue with their long position and wants to exit from the FGP stock.
Ferrellgas Partners, L.P. (FGP) shares have notched a 3-month decline of about -30.33%, but has still advanced 95.33% year to date. By comparison, the stock sank -69.35% over the past 12 months, while it slipped -13.64% over the 1 month. The company’s market cap is around $102.51M, with its short interest ratio standing at 7.61%.
In the current trading session for FGP, the stock witnessed two major price actions, it rose to a high of $1.07 and was down as much as $1.01 at one point. The high recorded is very low when compared to their 52-week high which is $0.53. The 52-week high is now at -71.45 distance from current price. Their recent low of $3.61 represents a 94.34% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of Ferrellgas Partners, L.P. earned $-2.13 per share in the trailing 12 months and has a P/E ratio of -0.47. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is lower than the ones recorded by the industry which is 27.07 and lower compared to the sector’s average of 10.05. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. FGP also has P/S multiple of 0.06. This is smaller versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 6.38x.
The company recorded an interesting insider purchase transaction by the CFO on Dec 11, 2018. A Securities and Exchanges Commission filings show that William E Ruisinger bought a total of 1,200 FGP shares that day for a sum of around $1,140. The filings show that the insider stake has now grown to 2,200 shares, currently worth $2,222. Ferrellgas Partners, L.P. (FGP) insiders have acquired no shares in the stock within the past three months. The total insider sales reported to the SEC in that time frame amounted to shares. In total, individual insiders traded no shares in the business, which makes up 0% of 1,200 shares that were traded over a year. In the past 12 months, insiders have purchased 1,200 shares while the seller parted with shares.
FGP‘s last price was down -29.04% as compared to the average trading price of 50 days recorded at $1.42 while enlarging the period to 200 trading days, the average closing price was $1.17. At present, there are 98.1 million in the total number of common shares owned by the public and among those 68.48 million shares have been available to trade. The percentage of shares being held by the company management was 28.5% while institutions stake was 4.2%. The company has generated positive returns on equity over the last 12 months (20.8%). It managed to keep its gross profit margin at 43.8% over the past 12 months.
When assessing the full upside of the FGP stock, there is another set of technicals that should be looked into and considered. Its -9.42% decline from moving average of $1.12 has brought about a negative sentiment when calculated over the last 20 days. The market has allocated a beta of 2.77 to the stock. With the beta been greater than one, this implies that the company shares are theoretically more volatile than the market, something that the traders definitely are keeping an eye on.
In the last five years, the EPS of the company has been roughly -41.5%. Though the percentage looks disappointing, extra tailwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will increase annually by 34.2%. The revenue of the company has risen at an average annualized rate of about 1 over the last five years. The company recently recorded a drop of -7%, but this figure is rather unattractive.