Promising Canadian Stocks Worth Watching – February 02nd

CSX, Canadian Pacific Kansas City, Canadian Natural Resources, Raymond James, and Canadian National Railway are the five Canadian stocks to watch today, according to MarketBeat’s stock screener tool. Canadian stocks refer to publicly-traded companies listed on the various stock exchanges in Canada, such as the Toronto Stock Exchange (TSX) or the TSX Venture Exchange (TSXV). Investors can buy and sell shares of these companies to participate in the Canadian economy and potentially profit from the performance of these businesses. These companies had the highest dollar trading volume of any Canadian stocks within the last several days.

CSX (CSX)

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.

NASDAQ CSX traded up $0.01 during trading hours on Friday, reaching $32.87. The company’s stock had a trading volume of 21,650,270 shares, compared to its average volume of 14,180,184. The firm has a fifty day simple moving average of $33.33 and a 200-day simple moving average of $33.91. The stock has a market cap of $63.39 billion, a P/E ratio of 18.36, a P/E/G ratio of 1.90 and a beta of 1.22. CSX has a 52 week low of $31.43 and a 52 week high of $40.12. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.86 and a quick ratio of 1.23.

Canadian Pacific Kansas City (CP)

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.

NYSE CP traded down $0.25 during trading hours on Friday, reaching $79.57. The company’s stock had a trading volume of 5,793,750 shares, compared to its average volume of 2,650,075. The firm has a fifty day simple moving average of $75.40 and a 200-day simple moving average of $78.98. The stock has a market cap of $74.28 billion, a P/E ratio of 27.44, a P/E/G ratio of 2.04 and a beta of 0.96. Canadian Pacific Kansas City has a 52 week low of $70.89 and a 52 week high of $91.58. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46.

Canadian Natural Resources (CNQ)

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).

NYSE CNQ traded down $0.59 during mid-day trading on Friday, hitting $30.37. The company’s stock had a trading volume of 11,094,643 shares, compared to its average volume of 5,746,117. The firm has a market capitalization of $63.86 billion, a price-to-earnings ratio of 11.79 and a beta of 1.46. Canadian Natural Resources has a twelve month low of $29.23 and a twelve month high of $41.29. The company has a current ratio of 0.84, a quick ratio of 0.53 and a debt-to-equity ratio of 0.21. The company’s 50 day simple moving average is $31.62 and its 200 day simple moving average is $33.65.

Raymond James (RJF)

Raymond James Financial, Inc., a financial holding company, through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, and the sale of mutual funds and other investment products in the United States, Canada, Europe, and internationally. The company operates through Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other segments.

RJF stock traded down $2.24 during mid-day trading on Friday, reaching $168.41. 1,651,837 shares of the company traded hands, compared to its average volume of 1,120,711. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.02 and a quick ratio of 1.00. The company has a market capitalization of $34.42 billion, a P/E ratio of 16.43, a P/E/G ratio of 1.05 and a beta of 1.02. Raymond James has a 52-week low of $104.24 and a 52-week high of $174.32. The company has a fifty day moving average price of $162.36 and a 200-day moving average price of $140.13.

Canadian National Railway (CNI)

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.

Shares of NYSE CNI traded down $0.62 during midday trading on Friday, hitting $104.58. 2,326,444 shares of the company’s stock were exchanged, compared to its average volume of 1,136,912. Canadian National Railway has a 12-month low of $98.96 and a 12-month high of $134.02. The company has a current ratio of 0.64, a quick ratio of 0.49 and a debt-to-equity ratio of 0.96. The company has a market cap of $65.77 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 2.41 and a beta of 0.91. The business’s fifty day moving average price is $104.48 and its two-hundred day moving average price is $110.87.