NEW YORK, May 26, 2017 /PRNewswire/ --
The Railroads sector comprises companies that operate railroad tracks and/or trains. As a major component of the larger transportation sector, the sector is considered to be an integral cog in defining overall trends and cycles across the industry. For today, Stock-Callers.com scans the recent performances of these four stocks: CSX Corp. (NASDAQ: CSX), Kansas City Southern (NYSE: KSU), Norfolk Southern Corp. (NYSE: NSC), and Canadian Pacific Railway Ltd (NYSE: CP). Register now and get full and free access to our downloadable research reports on these stocks at: http://stock-callers.com/registration
On Thursday, shares in Jacksonville, Florida-based CSX Corp. recorded a trading volume of 7.10 million shares. The stock ended at $53.79, rising 2.79% from the last trading session. The Company's shares have gained 5.91% in the last one month, 10.95% over the previous three months, and 49.71% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.60% and 36.32%, respectively. Furthermore, shares of CSX Corp., which together with its subsidiaries, provides rail-based transportation services in the US and Canada, have a Relative Strength Index (RSI) of 68.64.
On May 03rd, 2017, CSX Corp. announced that it was recently named to Corporate Responsibility Magazine's list of Best Corporate Citizens for 2017. The Company ranked 55th in its fifth appearance on the list, and was the only railroad within the top 100. Access our complete research report on CSX for free at: http://stock-callers.com/registration/?symbol=CSX
Kansas City Southern
Missouri headquartered Kansas City Southern's stock finished yesterday's session 3.07% higher at $93.07. A total volume of 1.74 million shares was traded, which was above their three months average volume of 1.30 million shares. The Company's shares have gained 7.25% in the last one month, 5.37% over the previous three months, and 9.69% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.46% and 4.62%, respectively. Furthermore, shares of Kansas City Southern, which through its subsidiaries, provides freight rail transportation services, have an RSI of 64.23.
On May 05th, 2017, Kansas City Southern announced that, during its Annual Meeting of Stockholders on May 04th, 2017, in Kansas City, Missouri, its Board of Directors declared a regular dividend of $0.25 per share on the outstanding KCS 4% Non-Cumulative Preferred stock. This dividend is payable on July 03rd, 2017, to stockholders of record at the close of business on June 12th, 2017. The complimentary research report on KSU can be downloaded at: http://stock-callers.com/registration/?symbol=KSU
At the close of trading on Thursday, shares in Virginia-based Norfolk Southern Corp. ("NSC") jumped 4.17%, ending the day at $119.77. The stock recorded a trading volume of 4.59 million shares, which was above its three months average volume of 1.83 million shares. The Company's shares have advanced 1.66% in the last one month and 10.83% since the start of this year. The stock is trading 4.25% and 11.96% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Norfolk Southern, which together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the US, have an RSI of 64.31.
On May 11th, 2017, NSC's CEO James A. Squires said in the Company's annual meeting of shareholders that NSC is delivering on commitments to improve corporate performance through successful execution of its strategic plan. Noting that the best strategy is tested and proven by results, Mr. Squires said that the Company has a sound strategy, and is producing results that drive sustainable profitability, high-quality growth, and enhanced shareholder value. Register for free on Stock-Callers.com and get access to the latest PDF format report on NSC at: http://stock-callers.com/registration/?symbol=NSC
Canadian Pacific Railway
Calgary, Canada headquartered Canadian Pacific Railway Ltd's shares ended the day 0.61% higher at $159.33 with a total trading volume of 586,453 shares. The stock has gained 4.38% in the last month, 7.58% over the previous three months, and 11.60% on an YTD basis. The Company's shares are trading 5.01% above their 50-day moving average and 6.58% above their 200-day moving average. Additionally, shares of Canadian Pacific Railway, which together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the US, have an RSI of 61.78.
On May 10th, 2017, the Company announced that the Toronto Stock Exchange has accepted its notice to implement a normal course issuer bid ("NCIB") to purchase, for cancellation, up to 4,384,062 common shares or approximately 3% of the Company's "public float," as at May 01st, 2017. The NCIB is scheduled to commence on May 15th, 2017, and is due to terminate on May 14th, 2018. Download your free research report on CP at: http://stock-callers.com/registration/?symbol=CP
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