Large Outflow of Money Witnessed in Canadian National Railway Company

Canadian National Railway Company (CNI) : The total money flow in Canadian National Railway Company (CNI) was negative ($1.27 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $4.47 million. In comparison, the inflow of money into the stock on upticks was $3.19 million. The uptick to downtick ratio was 0.71. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $0.68 million. The negative money flow of ($0.68 million) confirms the selling in Canadian National Railway Company (CNI) on strength. Canadian National Railway Company (CNI) gained $0.04 at $64.04, a gain of 0.06% over the previous days close. However, the stock registered -0.11% in the week.


Shares of Canadian National Railway Company appreciated by 0.26% during the last five trading days but lost 0.97% on a 4-week basis. Canadian National Railway Company is up 10.64% in the last 3-month period. Year-to-Date the stock performance stands at 16.99%.

Canadian National Railway Company (CNI) : The consensus on Canadian National Railway Company (CNI) based on 16 analyst recommendation on the company stock is 2.81, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 12 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Canadian National Railway Company (CNI).

Canadian National Railway Company (NYSE:CNI): The stock opened at $64.15 and touched an intraday high of $64.49 on Wednesday. During the day, the stock corrected to an intraday low of $63.94, however, the bulls stepped in and pushed the price higher to close in the green at $64.46 with a gain of 0.72% for the day. The total traded volume for the day was 1,255,791. The stock had closed at $64 in the previous trading session.

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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