Large Outflow of Money Witnessed in Canadian Pacific Railway Limited

Canadian Pacific Railway Limited (CP) : Net money flow in Canadian Pacific Railway Limited (CP) was negative ($6.12 million) and the inflow of money on uptick was $14.11 million, whereas, the outflow of money on downticks amounted to $20.23 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.7. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $6.21 million. The money flow in block trades was negative ($6.21). Canadian Pacific Railway Limited (CP) gained $0.69 cent during the day and reached $154.58, a gain of 0.45% over the previous day.


The company Insiders own 0.13% of Canadian Pacific Railway Limited shares according to the proxy statements. Institutional Investors own 68.47% of Canadian Pacific Railway Limited shares. During last six month period, the net percent change held by insiders has seen a change of 0.1%.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (VP HR & Labour Relations) of Canadian Pacific Railway Ltd/Cn, Edwards Peter John, had purchased 001 shares in a transaction dated on April 25, 2016. The transaction was executed at $147 per share with total amount equaling $147.

Canadian Pacific Railway Limited (NYSE:CP): The stock opened at $155.38 and touched an intraday high of $156.24 on Friday. During the day, the stock corrected to an intraday low of $153.82, however, the bulls stepped in and pushed the price higher to close in the green at $154.59 with a gain of 0.45% for the day. The total traded volume for the day was 384,785. The stock had closed at $153.89 in the previous trading session.

Canadian Pacific Railway Limited (CP) : Traders are bullish on Canadian Pacific Railway Limited (CP) as it has outperformed the S&P 500 by a wide margin of 7.47% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.45%, 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 0.95% in the last 1 week, and is up 7.32% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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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