Promising Canadian Stocks Worth Watching – November 7th

Canadian Natural Resources, Celsius, Canadian Pacific Kansas City, TC Energy, and Canadian National Railway are the five Canadian stocks to watch today, according to MarketBeat’s stock screener tool. Canadian stocks are shares of companies based in Canada or listed on Canadian exchanges, such as the Toronto Stock Exchange (TSX). Investors buy them to gain potential returns through rising share prices and dividends, while taking on the risks associated with those companies and the Canadian market. 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).

Shares of CNQ traded down $0.43 during midday trading on Friday, hitting $48.49. 6,921,929 shares of the stock traded hands, compared to its average volume of 5,500,246. Canadian Natural Resources has a 1-year low of $30.13 and a 1-year high of $56.27. The firm has a market capitalization of $99.65 billion, a PE ratio of 9.94 and a beta of 0.45. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.75 and a current ratio of 1.00. The business’s 50 day moving average price is $50.82 and its two-hundred day moving average price is $46.27.

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.

NASDAQ:CELH traded up $2.12 during mid-day trading on Friday, hitting $32.16. The stock had a trading volume of 8,187,595 shares, compared to its average volume of 5,140,359. The stock has a market capitalization of $8.14 billion, a price-to-earnings ratio of 35.73, a P/E/G ratio of 2.16 and a beta of 1.00. The company has a 50 day simple moving average of $28.75 and a 200-day simple moving average of $34.13. Celsius has a 52 week low of $23.56 and a 52 week high of $59.31. The company has a current ratio of 1.80, a quick ratio of 1.42 and a debt-to-equity ratio of 0.56.

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.

CP traded down $1.70 during trading hours on Friday, hitting $92.06. The company’s stock had a trading volume of 2,165,949 shares, compared to its average volume of 2,313,588. The company has a 50-day simple moving average of $88.52 and a 200 day simple moving average of $86.43. The company has a current ratio of 0.52, a quick ratio of 0.44 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $80.05 billion, a PE ratio of 29.51, a PEG ratio of 1.93 and a beta of 1.06. Canadian Pacific Kansas City has a fifty-two week low of $68.50 and a fifty-two week high of $96.90.

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.

TRP stock traded down $0.63 during trading on Friday, reaching $61.95. 2,730,756 shares of the company’s stock were exchanged, compared to its average volume of 2,233,635. The company has a quick ratio of 0.54, a current ratio of 0.61 and a debt-to-equity ratio of 1.64. TC Energy has a 1-year low of $50.72 and a 1-year high of $71.47. The company’s fifty day moving average price is $61.34 and its 200-day moving average price is $63.84. The firm has a market cap of $61.95 billion, a PE ratio of 23.03 and a beta of 0.64.

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 CNI traded down $2.42 during trading hours on Friday, reaching $124.07. 1,158,287 shares of the company’s stock traded hands, compared to its average volume of 1,100,372. The firm has a market capitalization of $74.76 billion, a price-to-earnings ratio of 21.62, a P/E/G ratio of 2.26 and a beta of 0.90. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.82 and a quick ratio of 0.61. Canadian National Railway has a twelve month low of $90.74 and a twelve month high of $131.55. The business’s fifty day simple moving average is $121.57 and its two-hundred day simple moving average is $116.05.