Methanex Co. (TSE:MX – Get Free Report) (NASDAQ:MEOH) Senior Officer Kevin Price bought 500 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were acquired at an average cost of C$50.69 per share, with a total value of C$25,347.00.
Methanex Price Performance
Shares of Methanex stock opened at C$51.30 on Friday. Methanex Co. has a twelve month low of C$49.21 and a twelve month high of C$74.25. The stock has a market capitalization of C$3.46 billion, a P/E ratio of 17.69, a PEG ratio of 0.44 and a beta of 1.82. The company has a current ratio of 1.25, a quick ratio of 1.59 and a debt-to-equity ratio of 131.58. The business’s fifty day moving average price is C$62.22 and its 200 day moving average price is C$64.55.
Methanex (TSE:MX – Get Free Report) (NASDAQ:MEOH) last issued its earnings results on Tuesday, July 30th. The company reported C$0.85 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.66 by C$0.19. The firm had revenue of C$1.26 billion for the quarter, compared to analysts’ expectations of C$1.35 billion. Methanex had a return on equity of 10.21% and a net margin of 4.06%. As a group, research analysts anticipate that Methanex Co. will post 5.6560088 earnings per share for the current year.
Methanex Increases Dividend
Wall Street Analyst Weigh In
MX has been the subject of several recent research reports. Piper Sandler raised Methanex from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 7th. Tudor Pickering raised Methanex to a “strong-buy” rating in a research report on Wednesday. Finally, Barclays downgraded Methanex from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 10th.
Get Our Latest Research Report on Methanex
Methanex Company Profile
Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities.
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