Promising Canadian Stocks To Add to Your Watchlist - July 2nd

CSX, Canadian Pacific Kansas City, and Celsius are the three Canadian stocks to watch today, according to MarketBeat's stock screener tool. Canadian stocks are equity shares issued by companies headquartered in Canada and primarily traded on domestic exchanges such as the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV). Owning these shares gives investors a fractional ownership stake in Canadian businesses—letting them participate in corporate growth, dividend payments and sector exposure (notably energy, natural resources and financial services). These companies had the highest dollar trading volume of any Canadian stocks within the last several days.

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 traded up $0.06 during trading hours on Wednesday, hitting $33.53. 2,235,406 shares of the company's stock were exchanged, compared to its average volume of 13,268,079. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 1.52. CSX has a 12-month low of $26.22 and a 12-month high of $37.10. The firm has a market cap of $62.98 billion, a P/E ratio of 20.09, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23. The firm has a 50 day moving average of $30.86 and a 200 day moving average of $31.04.

Read Our Latest Research Report on CSX

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 $0.80 during mid-day trading on Wednesday, hitting $81.26. The company had a trading volume of 869,100 shares, compared to its average volume of 2,806,256. Canadian Pacific Kansas City has a 1-year low of $66.49 and a 1-year high of $87.72. The company has a market capitalization of $74.87 billion, a PE ratio of 27.47, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.81 and a quick ratio of 0.70. The business's 50-day simple moving average is $78.62 and its 200 day simple moving average is $76.15.

Read Our Latest Research Report on CP

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 Celsius stock traded down $0.43 on Wednesday, reaching $45.57. 1,469,876 shares of the company were exchanged, compared to its average volume of 8,107,551. The stock's 50 day moving average price is $39.35 and its 200-day moving average price is $32.59. Celsius has a 1-year low of $21.10 and a 1-year high of $60.70. The company has a market cap of $11.75 billion, a P/E ratio of 142.68, a price-to-earnings-growth ratio of 1.67 and a beta of 1.45.

Read Our Latest Research Report on CELH