Promising Canadian Stocks To Follow Today – May 14th

Canadian Pacific Kansas City, CSX, Celsius, Cenovus Energy, and Diageo are the five Canadian stocks to watch today, according to MarketBeat’s stock screener tool. Canadian stocks are equity shares issued by companies headquartered in Canada and traded primarily on Canadian exchanges, most notably the Toronto Stock Exchange (TSX). By purchasing these shares, investors gain proportional ownership in the issuing firm and may receive dividends or capital gains if the share price rises. Canadian stocks span key sectors such as energy, financial services, mining and materials, reflecting the broader Canadian economy. These companies had the highest dollar trading volume of any Canadian stocks within the last several days.

Canadian Pacific Kansas City (CP)

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.

Shares of CP stock traded up $2.65 during midday trading on Wednesday, hitting $81.18. 3,015,687 shares of the company were exchanged, compared to its average volume of 2,764,691. The firm has a market capitalization of $75.54 billion, a P/E ratio of 28.00, a PEG ratio of 2.00 and a beta of 1.09. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. The firm’s 50 day moving average price is $72.94 and its two-hundred day moving average price is $75.06. Canadian Pacific Kansas City has a 52 week low of $66.49 and a 52 week high of $87.72.

CSX (CSX)

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.

CSX stock traded up $0.36 during midday trading on Wednesday, hitting $30.90. The company’s stock had a trading volume of 6,932,836 shares, compared to its average volume of 15,279,152. CSX has a 1-year low of $26.22 and a 1-year high of $37.10. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.86 and a quick ratio of 1.23. The company has a 50-day moving average price of $28.76 and a two-hundred day moving average price of $31.81. The company has a market cap of $58.04 billion, a price-to-earnings ratio of 17.26, a PEG ratio of 1.92 and a beta of 1.22.

Celsius (CELH)

Celsius Holdings, Inc. develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.

Shares of CELH traded up $1.36 during mid-day trading on Wednesday, reaching $39.29. The company had a trading volume of 4,138,023 shares, compared to its average volume of 7,870,625. Celsius has a 1-year low of $21.10 and a 1-year high of $98.85. The company has a market capitalization of $10.13 billion, a price-to-earnings ratio of 89.67, a P/E/G ratio of 2.90 and a beta of 1.65. The company’s 50 day simple moving average is $34.48 and its 200 day simple moving average is $29.75.

Cenovus Energy (CVE)

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments.

Cenovus Energy stock traded down $0.12 during mid-day trading on Wednesday, hitting $13.82. 4,062,347 shares of the stock were exchanged, compared to its average volume of 8,891,223. The stock has a market capitalization of $25.18 billion, a price-to-earnings ratio of 11.42 and a beta of 0.95. Cenovus Energy has a 12 month low of $10.23 and a 12 month high of $21.08. The firm’s fifty day simple moving average is $12.62 and its two-hundred day simple moving average is $14.27. The company has a quick ratio of 0.95, a current ratio of 1.59 and a debt-to-equity ratio of 0.24.

Diageo (DEO)

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages. It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products.

Shares of Diageo stock traded up $0.69 on Wednesday, reaching $112.96. 473,383 shares of the company’s stock were exchanged, compared to its average volume of 933,440. The firm’s 50-day moving average is $109.05 and its two-hundred day moving average is $115.85. Diageo has a 52 week low of $100.72 and a 52 week high of $144.27. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.67 and a current ratio of 1.60. The company has a market capitalization of $62.84 billion, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 2.39 and a beta of 0.60.