Canadian National Railway Company stock performance trend indicates that the stock price has rallied 6.73% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 10.34% . Looking at the past 52 week period, the stock price is up at 16.26% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Canadian National Railway Company has a positive value of 12.93 compared to overall market.Canadian National Railway Company is having a Relative Strength Index of 55.67 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Canadian National Railway Company (NYSE:CNI) has tumbled 0.26% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.7% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.5%. Canadian National Railway Company (NYSE:CNI) has underperformed the index by 0.45% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company shares have received an average consensus rating of Hold for the current week Canadian National Railway Company (NYSE:CNI) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.05 points or 0.07% at $72.16 with 1,292,648 shares getting traded. Post opening the session at $72.52, the shares hit an intraday low of $72.14 and an intraday high of $72.87 and the price was in this range throughout the day. The company has a market cap of $55,130 million and the number of outstanding shares has been calculated to be 763,993,630 shares. The 52-week high of Canadian National Railway Company (NYSE:CNI) is $73.28 and the 52-week low is $55.73.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Canadian National Railway (USA) was Initiated by Wells Fargo to Market Perform on Mar 14, 2017. Canadian National Railway (USA) was Upgraded by BofA/Merrill to Neutral on Jan 12, 2017. Canadian National Railway (USA) was Upgraded by Raymond James to Outperform on Jan 4, 2017.
Canadian National Railway (USA) Last issued its quarterly earnings results on Jan 24, 2017. The company reported $1.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $1.21. The company had revenue of $3217.00 million for the quarter, compared to analysts expectations of $3239.19 million. The companys revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.18 EPS.
Canadian National Railway Company, a Canadian corporation, operates the larger of Canadas two principal railroads and the only coast-to-coast railroad network in North America. The companys rail network serves major ports in Canada and includes strategic connections to the United States through the Chicago gateway, Detroit and other major cities.