Canadian National Railway Reaches New 52-Week High (CNI)

NEW YORK ( TheStreet) -- Canadian National Railway (NYSE: CNI) hit a new 52-week high Wednesday as it is currently trading at $90.26, above its previous 52-week high of $89.96 with 174,176 shares traded as of 10:29 a.m. ET. Average volume has been 680,100 shares over the past 30 days.

Canadian National Railway has a market cap of $38.45 billion and is part of the services sector and transportation industry. Shares are up 12.6% year to date as of the close of trading on Tuesday.

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 15.1, above the average transportation industry P/E ratio of 14.8 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 revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Canadian National Railway Ratings Report.

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