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~ $FGP ~ Mixed scan results (Daily and Weekly) forfor the week of Feb 13th 2012 - Daily and Weekly views.
Chart results for you to ponder with me.. These are technical scans only, Click next or previous at the top of the page to see my others. Twitter: @MACDgyver ---> FGP <--- Keyword: MACDscan ----> http://tinyurl.com/MACDscan
Ferrellgas Partners (FGP) is trading around $25.86. Ferrellgas is a leading distributor of propane fuel products, based in Kansas. These shares have traded in a range between $19.05 to $29 in the last 52 weeks. The 50 day moving average is $27.20 and the 200 day moving average is $24.95. FGP is estimated to earn about $2.98 per share in 2011.
What Ferrellgas insiders and other investors might be seeing: Ferrellgas could benefit significantly as the U.S. economy continues to improve. More propane will be used by businesses, and consumers and pricing power should improve for Ferrellgas. Also, FGP pays a generous dividend, $2 per share which is equivalent to a 7.4% yield.