Top Canadian Stocks To Research – February 03rd

Canadian Pacific Kansas City, Canadian Natural Resources, CSX, Canadian National Railway, and Bank of Nova Scotia are the five Canadian stocks to watch today, according to MarketBeat’s stock screener tool. Canadian stocks refer to publicly traded companies listed on Canadian stock exchanges, such as the Toronto Stock Exchange (TSX) or the TSX Venture Exchange. These stocks represent ownership in Canadian businesses and can be purchased by investors looking to add Canadian companies to their investment portfolios. These companies had the highest dollar trading volume of any Canadian stocks within the last several days.

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.

CP traded down $4.23 during trading on Monday, reaching $75.37. 6,897,019 shares of the company were exchanged, compared to its average volume of 3,473,020. The company’s 50-day moving average is $75.40 and its two-hundred day moving average is $78.95. Canadian Pacific Kansas City has a 12-month low of $70.89 and a 12-month high of $91.58. The company has a market cap of $70.36 billion, a price-to-earnings ratio of 25.97, a P/E/G ratio of 2.06 and a beta of 0.97. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42.

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 down $0.52 on Monday, hitting $29.83. The company’s stock had a trading volume of 5,106,551 shares, compared to its average volume of 6,535,769. The company has a 50-day simple moving average of $31.62 and a 200 day simple moving average of $33.63. Canadian Natural Resources has a 1 year low of $28.65 and a 1 year high of $41.29. The company has a market capitalization of $62.74 billion, a PE ratio of 11.57 and a beta of 1.45. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.84 and a quick ratio of 0.53.

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 NASDAQ:CSX traded down $0.20 on Monday, hitting $32.68. The company’s stock had a trading volume of 4,366,993 shares, compared to its average volume of 15,310,191. The company has a 50-day simple moving average of $33.33 and a 200 day simple moving average of $33.90. CSX has a 1 year low of $31.43 and a 1 year high of $40.12. The company has a market capitalization of $63.01 billion, a PE ratio of 18.25, a PEG ratio of 1.90 and a beta of 1.23. 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 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 $4.51 during trading hours on Monday, reaching $100.00. 1,213,643 shares of the stock traded hands, compared to its average volume of 1,323,318. The company has a market capitalization of $62.88 billion, a P/E ratio of 19.52, a price-to-earnings-growth ratio of 2.47 and a beta of 0.91. The company has a quick ratio of 0.48, a current ratio of 0.66 and a debt-to-equity ratio of 0.94. Canadian National Railway has a 52-week low of $98.95 and a 52-week high of $134.02. The company’s 50-day simple moving average is $104.48 and its two-hundred day simple moving average is $110.79.

Bank of Nova Scotia (BNS)

The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments.

Shares of NYSE BNS traded down $1.90 during trading hours on Monday, reaching $49.27. 2,254,269 shares of the stock traded hands, compared to its average volume of 2,123,516. The company has a market capitalization of $61.36 billion, a P/E ratio of 11.40, a price-to-earnings-growth ratio of 1.16 and a beta of 1.07. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.59. Bank of Nova Scotia has a 52-week low of $43.67 and a 52-week high of $57.07. The company’s 50-day simple moving average is $53.60 and its two-hundred day simple moving average is $51.82.