Morning Technical Insight on These Railroads Stocks -- CSX Corp., Canadian National Railway, Canadian Pacific Railway, and Kansas City Southern
NEW YORK, Jan. 31, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CSX, CNI, CP, and KSU which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market today, WallStEquities.com covers the recent performance of CSX Corp. (NASDAQ: CSX), Canadian National Railway Co. (NYSE: CNI), Canadian Pacific Railway Ltd (NYSE: CP), and Kansas City Southern (NYSE: KSU). These equities belong to the Railroads sector, which comprises publicly traded stocks for companies that operate railroad tracks and/or trains. Railroad companies transport cargo or people, often over long distances. All you have to do is sign up today for this free limited time offer by clicking the link below.
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CSX Corp.
Florida-based CSX Corp.'s shares saw a slight decline of 0.65%, finishing Tuesday's trading session at $56.86. A total volume of 6.35 million shares was traded. In the last month and the previous three months, the stock has advanced 3.38% and 8.22%, respectively. Additionally, the Company's shares have gained 19.73% over the past year. The stock is trading above its 50-day and 200-day moving averages by 2.53% and 7.81%, respectively. Moreover, shares of CSX Corp. have a Relative Strength Index (RSI) of 49.73.
On January 08th, 2018, CSX Corp. announced that Edmond L. Harris has been named executive vice president of operations, effective immediately. Mr. Harris has more than 40 years' experience in the Railroad industry in an operating capacity, including nearly two decades at the Illinois Central and Canadian National, where he worked closely with Hunter Harrison to transform the traditional operating models of both railroads to Precision Scheduled Railroading models.
On January 17th, 2018, research firm UBS reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $74 a share to $72 a share. Get the full research report on CSX for free by clicking below at:
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Canadian National Railway
On Tuesday, shares in Canada headquartered Canadian National Railway Co. recorded a trading volume of 1.54 million shares, which was above their three months average volume of 1.10 million shares. The stock ended the session 0.55% lower at $79.04. The Company's shares have gained 13.29% over the past year. Furthermore, shares of the Company have an RSI of 41.94.
On January 23rd, 2018, Canadian National Railway announced that its Board of Directors has approved a 10% increase in the 2018 dividend on the Company's common shares outstanding. A quarterly dividend of C$0.455 per common share will be paid on March 29th, 2018, to shareholders of record at the close of business on March 08th, 2018.
On January 24th, 2018, research firm Macquarie upgraded the Company's stock rating from 'Neutral' to 'Outperform'. To experience our free membership services anytime/ anywhere and access the free report on CNI, click to register at:
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Canadian Pacific Railway
Shares in Canada headquartered Canadian Pacific Railway Ltd closed at $186.50, slightly down 0.45% from the last trading session. The stock recorded a trading volume of 450,739 shares. The Company's shares have gained 1.96% in the last month and 6.96% over the previous three months. The stock is trading 3.79% and 12.80% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company have an RSI of 58.51.
On January 19th, 2018, research firm Cowen reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $184 a share to $207 a share.
On January 23rd, 2018, Canadian Pacific Railway announced the completion of the first share repurchase program (the "Program") of its two share repurchase programs announced on December 11th, 2017. The Company purchased an aggregate of 134,000 common shares under the Program for an aggregate purchase price of $29,479,258.90. All common shares acquired under the Program were cancelled upon purchase by the Company. The Program formed part of the Company's normal course issuer bid announced on May 10th, 2017. Join our big investor community at Wall St. Equities today and get your free report on CP at:
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Kansas City Southern
Missouri headquartered Kansas City Southern's stock ended 1.30% lower at $112.22 with a total trading volume of 1.04 million shares. The Company's shares have advanced 6.26% in the last month, 7.63% over the previous three months, and 29.94% over the past year. The stock is trading above its 50-day moving average by 2.82%. Furthermore, shares of Kansas City Southern have an RSI of 55.60.
On January 19th, 2018, Kansas City Southern reported record Q4 and full-year 2017 results. For Q4 2017, revenues were $660 million, operating income was $238 million, and net income was $552 million. For the full year 2017, revenue was $2.6 billion, operating income was $922 million, and net income was $964 million. Get the full research report on KSU for free by clicking below at:
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