Promising Canadian Stocks To Research – May 2nd

Canadian National Railway, Canadian Pacific Kansas City, CSX, Celsius, Cenovus Energy, Canadian Natural Resources, and TC Energy are the seven Canadian stocks to watch today, according to MarketBeat’s stock screener tool. Canadian stocks are shares of ownership in companies incorporated in Canada and listed on domestic exchanges such as the Toronto Stock Exchange (TSX) or TSX Venture Exchange. They give investors exposure to Canada’s key industries—like natural resources, financial services and technology—and entitle shareholders to dividend income and potential capital gains. These companies had the highest dollar trading volume of any Canadian stocks within the last several days.

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.

NYSE CNI traded up $4.34 on Friday, hitting $99.96. 1,561,634 shares of the company were exchanged, compared to its average volume of 1,459,865. Canadian National Railway has a 1-year low of $91.65 and a 1-year high of $129.18. The firm has a 50 day moving average of $98.02 and a two-hundred day moving average of $103.29. The company has a current ratio of 0.66, a quick ratio of 0.48 and a debt-to-equity ratio of 0.94. The company has a market cap of $62.82 billion, a P/E ratio of 19.53, a P/E/G ratio of 1.95 and a beta of 0.93.

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.

Shares of CP stock traded up $2.19 during trading hours on Friday, reaching $74.92. 1,816,954 shares of the company were exchanged, compared to its average volume of 3,437,758. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46. The company has a market cap of $69.69 billion, a price-to-earnings ratio of 25.83, a P/E/G ratio of 2.00 and a beta of 1.01. The stock’s fifty day moving average is $73.27 and its two-hundred day moving average is $75.36. Canadian Pacific Kansas City has a fifty-two week low of $66.49 and a fifty-two week high of $87.72.

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 $0.56 during trading hours on Friday, hitting $28.67. 3,029,149 shares of the stock were exchanged, compared to its average volume of 12,644,886. The company’s 50 day moving average is $29.18 and its two-hundred day moving average is $32.10. The company has a market capitalization of $53.85 billion, a P/E ratio of 16.01, a price-to-earnings-growth ratio of 1.92 and a beta of 1.23. CSX has a twelve month low of $26.22 and a twelve month high of $37.10. The company has a quick ratio of 1.23, a current ratio of 0.86 and a debt-to-equity ratio of 1.43.

Celsius (CELH)

Celsius Holdings, Inc. develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.

Shares of CELH traded up $0.32 during trading hours on Friday, hitting $35.19. 2,056,797 shares of the stock traded hands, compared to its average volume of 7,800,994. The business has a fifty day moving average of $32.91 and a 200-day moving average of $29.58. The firm has a market capitalization of $9.07 billion, a PE ratio of 79.89, a price-to-earnings-growth ratio of 2.90 and a beta of 1.58. Celsius has a 1-year low of $21.10 and a 1-year high of $98.85.

Cenovus Energy (CVE)

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments.

NYSE:CVE traded up $0.05 on Friday, hitting $12.02. 4,840,029 shares of the stock were exchanged, compared to its average volume of 11,020,337. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.95 and a current ratio of 1.59. Cenovus Energy has a 52 week low of $10.23 and a 52 week high of $21.08. The stock has a market capitalization of $21.90 billion, a price-to-earnings ratio of 9.93 and a beta of 1.46. The company’s 50-day moving average price is $12.71 and its 200 day moving average price is $14.52.

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).

Shares of NYSE:CNQ traded up $0.06 during trading on Friday, hitting $28.98. 1,670,779 shares of the company’s stock were exchanged, compared to its average volume of 7,072,867. The firm has a 50-day moving average price of $28.84 and a two-hundred day moving average price of $31.11. Canadian Natural Resources has a 1-year low of $24.65 and a 1-year high of $39.20. The firm has a market cap of $60.79 billion, a P/E ratio of 11.25 and a beta of 1.10. The company has a current ratio of 0.84, a quick ratio of 0.53 and a debt-to-equity ratio of 0.21.

TC Energy (TRP)

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.

TRP traded up $0.32 during trading on Friday, reaching $50.33. 607,816 shares of the company’s stock were exchanged, compared to its average volume of 2,422,469. The company’s fifty day moving average price is $47.44 and its 200-day moving average price is $47.27. The firm has a market capitalization of $52.33 billion, a PE ratio of 15.53, a P/E/G ratio of 4.34 and a beta of 0.74. TC Energy has a fifty-two week low of $33.74 and a fifty-two week high of $51.25. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.23 and a current ratio of 0.55.