Shares of Canadian Pacific Railway Limited (CP) Sees Large Outflow of Money

Canadian Pacific Railway Limited (CP) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($5.94 million) and the uptick to downtick ratio was 0.88. The transaction value on upticks was $44.05 million and on downticks, the transaction value was $49.98 million. In block trades, the transaction value of inflow done during uptick was $3.58 million. The transaction value of block trades during downticks was $10.66 million. The uptick to downtick block trade ratio was 0.34. The money flow was negative ($7.08 million), indicating the traders were booking profit on the price strength. Canadian Pacific Railway Limited (CP) rose $2.65 at $141.66, during intraday Thursday , a rise of 1.91% over the previous days close.


The stock has recorded a 20-day Moving Average of 10.17% and the 50-Day Moving Average is 8.08%. Shares have dropped -15.00% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $162.83 and the one year low was seen on Jan 21, 2016. The 50-Day Moving Average price is $129.20 and the 200 Day Moving Average price is recorded at $128.65.

Canadian Pacific Railway Limited (NYSE:CP): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $139.59 and $139.59 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $143.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $141.70, notching a gain of 1.94% for the day. The total traded volume was 1,228,301 . The stock had closed at $139.01 on the previous day.

In an insider trading activity, Edwards Peter John, officer (VP HR & Labour Relations) of Canadian Pacific Railway Ltd/Cn had purchased 001 shares on April 25, 2016 in a transaction. The price per share was $147 and the total amount of the disclosed transaction was $147.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

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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