Kansas City Southern (KSU) Shares are Up 2.16%

Kansas City Southern (KSU) : Traders are bullish on Kansas City Southern (KSU) as it has outperformed the S&P 500 by a wide margin of 0.87% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.19%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.16% in the last 1 week, and is up 1.26% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Kansas City Southern is up 9.17% in the last 3-month period. Year-to-Date the stock performance stands at 33.68%. The stock has recorded a 20-day Moving Average of 2.55% and the 50-Day Moving Average is 6.64%.


Kansas City Southern (NYSE:KSU): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $97.97 and $97.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $99.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $99.07, notching a gain of 0.73% for the day. The total traded volume was 1,058,184 . The stock had closed at $98.35 on the previous day.

Also, Atlantic Equities initiates coverage on Kansas City Southern (NYSE:KSU) The brokerage firm has issued a 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.

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