May 13, 2013 (Market movers via COMTEX) -- Canadian Pacific Railway (NYSE:CP), a company whose shares are moving quickly, is trading 1.6% higher to $130.69. The Dow Jones Industrial Average is now trading fractionally lower to 15,088 and the S&P is trading fractionally higher to 1,635.
In the past 52 weeks, shares of Canadian Pacific Railway have traded between a low of $68.69 and a high of $132.66 and are now at $130.69, which is 90% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.3% while the 50-day MA has advanced 0.8%.
Canadian Pacific Railway Limited is a Class 1 transcontinental railway, providing freight and intermodal services over a network in Canada and the United States. The Company's mainline network serves major Canadian ports and cities from Montreal to Vancouver, and key centers in the United States Midwest and Northeast.
Canadian Pacific Railway (NYSE:CP) defies analysts with a current price ($130.69) 10.6% above its average consensus price target of $116.86. Canadian Pacific Railway shares have support at the 50-day moving average (MA) of $124.76 and additional support at the 200-day MA of $103.01.
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