Kansas City Southern (KSU) has risen sharply, recording gains of 2.75% in the past 4 weeks. However, the stock has corrected -1.55% 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 1.71% 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 0.55% and the 50-Day Moving Average is 5.04%. Kansas City Southern (NYSE:KSU): On Fridays trading session , Opening price of the stock was $96.92 with an intraday high of $97.26. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $95.99. However, the stock managed to close at $96.98, a loss of 0.29% for the day. On the previous day, the stock had closed at $97.26. The total traded volume of the day was 647,617 shares.
The company Insiders own 0.86% of Kansas City Southern shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.52% . Institutional Investors own 95.42% of Kansas City Southern shares. During last six month period, the net percent change held by insiders has seen a change of -14.52%. Also, Atlantic Equities initiates coverage on Kansas City Southern (NYSE:KSU). The rating major has initiated the coverage with neutral rating on the shares. The rating by the firm was issued on August 11, 2016.
Kansas City Southern (KCS) is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Companys rail network includes The Kansas City Southern Railway Company (KCSR), which serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri and several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas; Kansas City Southern de Mexico, S.A. de C.V. (KCSM), which serves Mexicos principal industrial cities and three of its major seaports, and Mexrail, Inc. (Mexrail), which owns The Texas Mexican Railway Company (Tex-Mex), which connects the operations of KCSR with KCSM.