Canadian National Railway Stock Hits New 52-Week High (CNI)

NEW YORK ( TheStreet) -- Canadian National Railway (NYSE: CNI) hit a new 52-week high Tuesday as it is currently trading at $81.50, above its previous 52-week high of $81.30 with 74,278 shares traded as of 9:35 a.m. ET. Average volume has been 933,700 shares over the past 30 days.

Canadian National Railway has a market cap of $34.17 billion and is part of the services sector and transportation industry. Shares are up 1.8% year to date as of the close of trading on Monday.

Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business in North America. The company has a P/E ratio of 15.2, above the average transportation industry P/E ratio of 14.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Canadian National Railway as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Canadian National Railway Ratings Report.

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