Canadian Stocks To Watch Today – May 16th

CSX, Canadian Pacific Kansas City, Celsius, Ovintiv, Cenovus Energy, Molson Coors Beverage, and Canadian Imperial Bank of Commerce are the seven Canadian stocks to watch today, according to MarketBeat’s stock screener tool. Canadian stocks are equity securities representing ownership stakes in companies incorporated in Canada. They trade primarily on Canadian exchanges such as the Toronto Stock Exchange (TSX) and the TSX Venture Exchange. Investors buy Canadian stocks to gain exposure to key domestic sectors like banking, energy and natural resources, often influenced by commodity prices and national economic policies. 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.

Shares of CSX traded down $0.16 during trading hours on Friday, reaching $31.15. 3,392,817 shares of the company traded hands, compared to its average volume of 12,790,395. The business has a fifty day moving average price of $28.77 and a 200-day moving average price of $31.79. The company has a quick ratio of 1.23, a current ratio of 0.86 and a debt-to-equity ratio of 1.43. CSX has a 12-month low of $26.22 and a 12-month high of $37.10. The stock has a market capitalization of $58.51 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.92 and a beta of 1.22.

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.

Canadian Pacific Kansas City stock traded down $0.10 during midday trading on Friday, reaching $81.39. The company had a trading volume of 796,971 shares, compared to its average volume of 2,785,186. The company has a market capitalization of $75.73 billion, a P/E ratio of 28.07, a P/E/G ratio of 2.00 and a beta of 1.09. Canadian Pacific Kansas City has a 12-month low of $66.49 and a 12-month high of $87.72. The firm’s fifty day simple moving average is $73.16 and its 200-day simple moving average is $75.13. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46.

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.

CELH traded up $0.61 during trading on Friday, reaching $39.66. The company’s stock had a trading volume of 1,557,003 shares, compared to its average volume of 7,880,651. The firm has a fifty day simple moving average of $34.94 and a two-hundred day simple moving average of $29.87. Celsius has a 1 year low of $21.10 and a 1 year high of $98.85. The company has a market cap of $10.22 billion, a price-to-earnings ratio of 90.16, a PEG ratio of 2.90 and a beta of 1.65.

Ovintiv (OVV)

Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta.

OVV traded down $0.50 during trading on Friday, reaching $37.13. The company’s stock had a trading volume of 1,263,273 shares, compared to its average volume of 3,219,814. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.46. The firm has a fifty day simple moving average of $37.05 and a two-hundred day simple moving average of $40.58. Ovintiv has a 1 year low of $29.80 and a 1 year high of $51.72. The company has a market cap of $9.65 billion, a price-to-earnings ratio of 4.92 and a beta of 1.14.

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.

Shares of CVE stock traded up $0.06 during trading on Friday, hitting $13.70. 3,280,176 shares of the stock traded hands, compared to its average volume of 8,922,598. Cenovus Energy has a 52-week low of $10.23 and a 52-week high of $21.08. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.59 and a quick ratio of 0.95. The firm’s fifty day moving average price is $12.67 and its 200-day moving average price is $14.25. The firm has a market capitalization of $24.96 billion, a P/E ratio of 11.30 and a beta of 0.95.

Molson Coors Beverage (TAP)

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages.

Molson Coors Beverage stock traded down $0.02 during trading on Friday, hitting $56.25. The company had a trading volume of 698,066 shares, compared to its average volume of 2,360,055. Molson Coors Beverage has a 1-year low of $49.19 and a 1-year high of $64.66. The company has a current ratio of 0.94, a quick ratio of 0.70 and a debt-to-equity ratio of 0.46. The company’s 50 day simple moving average is $58.68 and its 200-day simple moving average is $58.39. The stock has a market cap of $11.40 billion, a price-to-earnings ratio of 10.52, a price-to-earnings-growth ratio of 1.52 and a beta of 0.73.

Canadian Imperial Bank of Commerce (CM)

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S.

Shares of NYSE:CM traded up $0.46 during trading on Friday, hitting $66.23. The company’s stock had a trading volume of 580,804 shares, compared to its average volume of 1,071,482. The business has a 50 day moving average price of $59.17 and a two-hundred day moving average price of $61.71. The company has a market capitalization of $62.27 billion, a PE ratio of 12.38, a P/E/G ratio of 1.62 and a beta of 1.06. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.05 and a current ratio of 1.05. Canadian Imperial Bank of Commerce has a fifty-two week low of $46.99 and a fifty-two week high of $67.45.