Large Outflow of Money Witnessed in Canadian Pacific Railway Limited

Shares of Canadian Pacific Railway Limited (CP) advanced to $151.15. The price had gained 0.01% or 0.01 points intraday. The latest trading session witnessed $18.64 million in upticks and $21.69 million in downticks, resulting in net money flow of (-3.06) million. The up/down ratio for the day stood at 0.86. On a weekly scale, the price has seen a change of -2.23%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-2.99) million occurred during the day. $1.51 million in uptick and $4.5 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.34.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Canadian Pacific Railway Limited has dropped 2.18% in the last five trading days, however, the shares have posted positive gains of 5.72% in the last 4 weeks. Canadian Pacific Railway Limited is up 5.85% in the last 3-month period. Year-to-Date the stock performance stands at 5.72%. Canadian Pacific Railway Limited (NYSE:CP) witnessed a decline in the market cap on Wednesday as its shares dropped 0.13% or 0.2 points. After the session commenced at $151.37, the stock reached the higher end at $152.24 while it hit a low of $150.01. With the volume soaring to 676,516 shares, the last trade was called at $150.94. The company has a 52-week high of $157.34. The company has a market cap of $22,077 million and there are 146,262,110 shares in outstanding. The 52-week low of the share price is $111.65.

Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Mark Kenneth Wallace (VP Corp Affrs & Chief of Staff) sold 577 shares at 154.36 per share price.On Jan 23, 2017, E Hunter Harrison (Chief Executive Officer) sold 178,617 shares at 150.81 per share price.On Dec 23, 2016, Ubavka Rebecca Macdonald (director) sold 3,900 shares at 143.65 per share price.

Canadian Pacific Railway Limited (USA) Last issued its quarterly earnings results on Jan 18, 2017. The company reported $3.04 EPS for the quarter, missing the analyst consensus estimate by $ -0.07. Analyst had a consensus of $3.11. The company had revenue of $1637.00 million for the quarter, compared to analysts expectations of $1647.91 million. The companys revenue was down -3.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.72 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Cowen on Jan 19, 2017 to Outperform, Raises Price Target to $ 173 from a previous price target of $164 .Canadian Pacific Railway Limited (USA) was Reiterated by RBC Capital Mkts on Jan 17, 2017 to Outperform, Lowers Price Target to $ 224 from a previous price target of $239 .Canadian Pacific Railway Limited (USA) was Upgraded by CLSA to Outperform on Jan 10, 2017. Canadian Pacific Railway Limited (USA) was Upgraded by Loop Capital to Buy on Jan 4, 2017. Company shares were Upgraded by Stifel on Dec 16, 2016 to Buy, Raises Price Target to $ 166 from a previous price target of $155 .

Canadian Pacific Railway is North Americas first transcontinental railway and is the only transcontinental carrier with direct service to the U.S. Eastern Seaboard.


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