Fertilizer Stocks to Monitor - March 29th

In the current landscape, three significant fertilizer stocks are making waves, according to specific stock analysis tools. These stocks include Union Pacific, Canadian Pacific Kansas City, and CSX. Fertilizer stocks refer to the stored reserves of various fertilizer products that are crucial for agricultural activities.

These companies play a vital role by ensuring that there is a steady supply of essential nutrients for crops. This is especially important for stabilizing fluctuations in the market and for overcoming disruptions in the supply chain that can affect agricultural production. Over the last few days, these companies have shown the highest dollar trading volume compared to other fertilizer stocks.

Union Pacific (UNP)

Union Pacific Corporation operates in the railroad sector within the United States through its subsidiary, Union Pacific Railroad Company. This company provides transportation services for multiple goods including grain, fertilizers, food products, coal, and industrial chemicals. They cater to various clients including grain processors and renewable biofuel producers.

On the trading front, Union Pacific experienced a decrease of $3.91, bringing its stock down to $232.06 during midday trading on Friday. The trading volume was reported at 1,917,148 shares, while the average volume stands at 2,425,716. With a market capitalization of $140.23 billion, the company’s price-to-earnings ratio is 20.93, and they have a beta value of 1.05. The stock's 50-day moving average is $243.11, while its 200-day moving average is $239.56. Union Pacific has shown a 52-week trading range, with a low of $218.55 and a high of $258.07.

Canadian Pacific Kansas City (CP)

Canadian Pacific Kansas City Limited operates a transcontinental freight railway across Canada, the United States, and Mexico. This company specializes in transporting bulk commodities, which include grain, fertilizers, and merchandise freight like chemicals and consumer products.

During midday trading on Friday, shares of Canadian Pacific Kansas City dipped by $2.24, reaching $69.31. The stock had a trading volume of 4,274,392 shares against an average volume of 2,526,440. With a market capitalization of $64.72 billion, the company holds a P/E ratio of 23.90 and a beta of 0.98. The stock has fluctuated within a one-year range with a low of $69.28 and a high of $89.26.

CSX (CSX)

CSX Corporation, through its subsidiaries, provides rail-based freight transportation services. The company offers various services, including the transport of intermodal containers and other bulk commodities like fertilizers and food products, to diverse industries.

On Friday, CSX saw a decline of $0.81, with its stock closing at $29.11. The trading volume for the day was 9,591,226 shares compared to an average of 12,325,271. With a market cap of $54.86 billion, CSX has a P/E ratio of 16.26. The company’s 12-month trading range is from a low of $28.98 to a high of $37.10.

This review highlights the importance of these stocks in the fertilizer market, given their significant trading volume and roles in agricultural production.

stocks, fertilizers, transportation