Canadian National Railway Company (CNI) Shares Slide -0.19%

Canadian National Railway Company (CNI) has risen sharply, recording gains of 6.7% in the past 4 weeks. However, the stock has corrected -0.19% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.23% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.6% and the 50-Day Moving Average is 5.55%. Canadian National Railway Company is up 3.18% in the last 3-month period. Year-to-Date the stock performance stands at 14.2%.


Canadian National Railway Company (NYSE:CNI): On Fridays trading session , Opening price of the stock was $63.7 with an intraday high of $63.89. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $63.18. However, the stock managed to close at $63.21, a loss of 0.55% for the day. On the previous day, the stock had closed at $63.56. The total traded volume of the day was 981,860 shares.

Canadian National Railway Company (CN) is engaged in the rail and related transportation business. CNs network and connections to all Class I railroads provide its customers with access to all three North American Free Trade Agreement (NAFTA) nations. CN derives its freight revenue from seven commodity groups representing a portfolio of goods transported between a range of origins and destinations. The Companys network of approximately 20,000 route miles of track spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans and Mobile (Alabama), and the metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth (Minnesota)/Superior (Wisconsin), Green Bay (Wisconsin), Minneapolis/St. Paul, Memphis, and Jackson (Mississippi), with connections to all points in North America.

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