Promising Canadian Stocks To Keep An Eye On – November 4th

Canadian Natural Resources, Canadian Pacific Kansas City, Celsius, TC Energy, Canadian National Railway, Canadian Solar, and UniFirst are the seven Canadian stocks to watch today, according to MarketBeat’s stock screener tool. Canadian stocks are shares of publicly traded companies that are based in Canada or primarily operate within the Canadian market. For investors, they represent ownership in Canadian businesses and may provide potential returns through share-price appreciation and dividends, while also carrying risks related to market conditions, economic factors, currency fluctuations, and regulatory changes. These companies had the highest dollar trading volume of any Canadian stocks within the last several days.

Canadian Natural Resources (CNQ)

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).

NYSE:CNQ traded down $3.14 on Wednesday, reaching $50.46. The stock had a trading volume of 5,082,416 shares, compared to its average volume of 8,834,217. Canadian Natural Resources has a 12-month low of $30.13 and a 12-month high of $56.27. The stock has a market cap of $103.69 billion, a P/E ratio of 12.45 and a beta of 0.45. The company has a current ratio of 1.00, a quick ratio of 0.75 and a debt-to-equity ratio of 0.32. The company has a 50-day moving average of $50.86 and a 200 day moving average of $46.05.

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 NYSE:CP traded up $2.36 during midday trading on Wednesday, reaching $93.59. The company had a trading volume of 821,514 shares, compared to its average volume of 2,647,722. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.52 and a quick ratio of 0.44. The stock has a market capitalization of $81.38 billion, a P/E ratio of 29.99, a PEG ratio of 1.93 and a beta of 1.06. Canadian Pacific Kansas City has a one year low of $68.42 and a one year high of $96.90. The stock’s fifty day moving average price is $88.58 and its 200-day moving average price is $86.10.

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.

CELH traded up $1.42 during trading hours on Wednesday, hitting $31.39. 2,073,895 shares of the stock were exchanged, compared to its average volume of 7,686,504. The stock has a market cap of $7.94 billion, a price-to-earnings ratio of 130.53, a price-to-earnings-growth ratio of 2.16 and a beta of 1.00. The stock has a 50-day simple moving average of $28.96 and a 200-day simple moving average of $34.49. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.80 and a quick ratio of 1.42. Celsius has a 12 month low of $23.56 and a 12 month high of $61.49.

TC Energy (TRP)

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.

Shares of NYSE:TRP traded down $1.31 on Wednesday, reaching $62.12. 903,909 shares of the company’s stock were exchanged, compared to its average volume of 2,545,608. The firm has a market capitalization of $62.12 billion, a price-to-earnings ratio of 25.73 and a beta of 0.64. TC Energy has a fifty-two week low of $49.62 and a fifty-two week high of $71.47. The business’s 50-day moving average is $61.33 and its two-hundred day moving average is $63.72. The company has a quick ratio of 0.54, a current ratio of 0.61 and a debt-to-equity ratio of 1.64.

Canadian National Railway (CNI)

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.

Shares of NYSE:CNI traded up $1.28 during trading on Wednesday, hitting $127.58. 350,442 shares of the company traded hands, compared to its average volume of 1,492,870. The company has a quick ratio of 0.61, a current ratio of 0.82 and a debt-to-equity ratio of 0.98. The business’s fifty day moving average is $121.60 and its 200-day moving average is $115.63. The stock has a market capitalization of $76.87 billion, a price-to-earnings ratio of 22.23, a PEG ratio of 2.26 and a beta of 0.90. Canadian National Railway has a one year low of $90.74 and a one year high of $131.55.

Canadian Solar (CSIQ)

Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products.

Shares of NASDAQ:CSIQ traded up $1.19 during trading hours on Wednesday, hitting $11.29. The stock had a trading volume of 3,181,709 shares, compared to its average volume of 2,539,355. The stock’s fifty day simple moving average is $11.38 and its 200 day simple moving average is $15.32. Canadian Solar has a 1-year low of $8.79 and a 1-year high of $34.59. The firm has a market capitalization of $766.59 million, a price-to-earnings ratio of -2.94 and a beta of 1.50. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.78 and a current ratio of 1.02.

UniFirst (UNF)

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments.

UNF traded down $2.48 on Wednesday, reaching $253.64. The company had a trading volume of 124,092 shares, compared to its average volume of 268,348. The company has a market capitalization of $4.59 billion, a P/E ratio of 42.18 and a beta of 0.65. The company has a fifty day moving average of $265.49 and a 200-day moving average of $260.68. UniFirst has a one year low of $147.66 and a one year high of $306.67.