Canadian Pacific Railway Limited (CP) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $16.27 million worth of transactions were on upticks, whereas, the downticks accounted for $10.28 million worth of transactions. The net money flow was a positive $5.99 million and the uptick to downtick ratio was 1.58. The net money flow into the stock was $5.94 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $5.94 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Canadian Pacific Railway Limited (CP) was trading at $148.85, down $0.15 during day. The stock slid -0.1% over the previous days close. For the week, the stock recorded 5.22% over the previous weeks close.
Canadian Pacific Railway Limited (CP) : Average target price received by Canadian Pacific Railway Limited (CP) is $164.91 with an expected standard deviation of $21.71. The most aggressive target on the stock is $216, whereas the most downbeat target is $129. 15 financial analysts are currently covering the stock.
Canadian Pacific Railway Limited (NYSE:CP): stock turned positive on Friday. Though the stock opened at $149.61, the bulls momentum made the stock top out at $150.4935 level for the day. The stock recorded a low of $148.46 and closed the trading day at $149.16, in the green by 0.11%. The total traded volume for the day was 656,073. The stock had closed at $149 in the previous days trading.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (VP HR & Labour Relations) of Canadian Pacific Railway Ltd/Cn, Edwards Peter John had purchased shares worth of $147 in a transaction dated on April 25, 2016. A total of 001 shares were purchased at a price of $147 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Canadian Pacific Railway Limited (CP) operates a transcontinental railway in Canada and the United States (U.S.) and provides logistics and supply chain expertise. CP provides rail and intermodal transportation services over a network of approximately 13,700 miles, serving the principal business centers of Canada from Montreal, Quebec, to Vancouver, British Columbia (B.C.), and the United States Northeast and Midwest regions. The Company transports bulk commodities, merchandise freight and intermodal traffic. Bulk commodities include Canadian grain, U.S. grain, coal, potash, and fertilizers and sulphur. Merchandise freight consists of finished vehicles and automotive parts, chemicals and plastics, crude oil, forest products, and metals, minerals, and consumer products. Intermodal traffic consists of retail goods in overseas containers that can be transported by train, ship and truck and in domestic containers and trailers that can be moved by train and truck.