Top Canadian Stocks To Follow Today - August 17th

Key Points

• Five notable Canadian stocks to watch today include CSX, Celsius, Ovintiv, Raymond James Financial, and Canadian Pacific Kansas City, based on recent trading volumes on Canadian exchanges.
• CSX shares traded at $36.32 with a one-year high of $37.10, while Celsius stock reached $57.30 after a significant trading activity, showcasing strong performance trends.
• Raymond James Financial has a market capitalization of $32.56 billion and has shown resilience with its stock currently trading at $163.30, down from a twelve-month high of $174.32.

CSX, Celsius, Ovintiv, Raymond James Financial, and Canadian Pacific Kansas City are the five Canadian stocks to watch today, according to MarketBeat's stock screener tool. Canadian stocks are shares of ownership in companies that are incorporated in Canada and listed on Canadian exchanges such as the Toronto Stock Exchange (TSX) or the TSX Venture Exchange. Holding a Canadian stock entitles the shareholder to a proportionate claim on the company’s assets and profits, and exposes them to market-driven price fluctuations. These securities allow investors to participate in the performance of Canadian industries such as energy, mining, finance and technology. 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.

Shares of CSX stock traded down $0.03 on Friday, hitting $36.32. 17,898,133 shares of the company's stock traded hands, compared to its average volume of 21,141,444. CSX has a one year low of $26.22 and a one year high of $37.10. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.77 and a quick ratio of 0.63. The company has a fifty day moving average of $33.98 and a two-hundred day moving average of $31.56. The company has a market capitalization of $67.71 billion, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 2.71 and a beta of 1.25.

Read Our Latest Research Report on CSX

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 stock traded up $0.63 during trading on Friday, reaching $57.30. 5,474,968 shares of the stock were exchanged, compared to its average volume of 7,221,051. The firm's 50 day moving average is $46.13 and its 200 day moving average is $37.19. Celsius has a twelve month low of $21.10 and a twelve month high of $57.79. The company has a current ratio of 2.11, a quick ratio of 1.76 and a debt-to-equity ratio of 0.68. The firm has a market cap of $14.78 billion, a P/E ratio of 154.86, a price-to-earnings-growth ratio of 1.31 and a beta of 1.40.

Read Our Latest Research Report on CELH

Ovintiv (OVV)

Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta.

Shares of Ovintiv stock traded down $0.41 on Friday, hitting $39.43. The company had a trading volume of 4,341,336 shares, compared to its average volume of 3,445,697. The stock has a market capitalization of $10.14 billion, a price-to-earnings ratio of 17.45, a P/E/G ratio of 4.77 and a beta of 1.10. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.43 and a current ratio of 0.43. The stock has a 50 day moving average of $40.14 and a 200-day moving average of $39.13. Ovintiv has a 1 year low of $29.80 and a 1 year high of $47.18.

Read Our Latest Research Report on OVV

Raymond James Financial (RJF)

Raymond James Financial, Inc., a financial holding company, through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, and the sale of mutual funds and other investment products in the United States, Canada, Europe, and internationally. The company operates through Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other segments.

NYSE RJF traded down $1.37 on Friday, hitting $163.30. 956,163 shares of the stock traded hands, compared to its average volume of 1,084,767. Raymond James Financial has a 12 month low of $113.91 and a 12 month high of $174.32. The business's fifty day moving average is $158.22 and its two-hundred day moving average is $150.08. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.02 and a current ratio of 1.04. The firm has a market capitalization of $32.56 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 1.34 and a beta of 1.05.

Read Our Latest Research Report on RJF

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 stock traded up $0.24 during mid-day trading on Friday, hitting $74.12. 1,649,125 shares of the stock were exchanged, compared to its average volume of 3,530,983. Canadian Pacific Kansas City has a 12 month low of $66.49 and a 12 month high of $87.72. The stock has a market capitalization of $67.72 billion, a price-to-earnings ratio of 23.09, a PEG ratio of 2.08 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.93 and a quick ratio of 0.81. The business has a fifty day moving average price of $78.45 and a 200 day moving average price of $76.74.

Read Our Latest Research Report on CP

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