Large Outflow of Money Witnessed in Canadian Pacific Railway Limited

Canadian Pacific Railway Limited (CP) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (2.76 million) in Canadian Pacific Railway Limited (CP). On Wednesday, The value of composite uptick trades was $11.97 million, whereas, the value of composite downtick trades was $14.73 million and the ratio between the two was 0.81, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $2.85 million. The negative money flow of ($2.85 million) shows selling on strength. Canadian Pacific Railway Limited (CP) gained $2.8 intraday at $149.41 and registrered 1.91% for the week.


Shares of Canadian Pacific Railway Limited appreciated by 1.51% during the last five trading days but lost 3.01% on a 4-week basis. Canadian Pacific Railway Limited is up 18.72% in the last 3-month period. Year-to-Date the stock performance stands at 18.21%.

Canadian Pacific Railway Limited (CP) : 18 analysts are covering Canadian Pacific Railway Limited (CP) and their average rating on the stock is 1.78, which is read as a Buy. 10 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Canadian Pacific Railway Limited (CP) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Canadian Pacific Railway Limited (NYSE:CP): The stock opened at $147 and touched an intraday high of $150.7 on Wednesday. During the day, the stock corrected to an intraday low of $146.98, however, the bulls stepped in and pushed the price higher to close in the green at $150.07 with a gain of 2.36% for the day. The total traded volume for the day was 736,049. The stock had closed at $146.99 in the previous trading session.

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.

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