Shares of Canadian National Railway Company (NYSE:CNI) traded today at $136.92, eclipsing its 52-week high. Approximately 235,000 shares have changed hands today, as compared to an average 30-day volume of 1.3 million shares.
Canadian National Railway Company (NYSE:CNI) defies analysts with a current price ($135.48) 0.9% above its average consensus price target of $134.32.
Canadian National’s railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%). Other items constitute the remaining revenue.
In the past 52 weeks, shares of Canadian National Railway Company have traded between a low of $100.66 and a high of $136.92 and is now at $135.48, which is 35% above that low price.
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