Closing Bell: Methanex Corp down on Tuesday (MX)

In market activity today, Methanex Corp stock opened at $69.97 and closed at $69.09. It traded at a low of $68.63 to a high of $69.97.

The price eased -1.76% from the previous day's close of $70.33.

During the day across North America, the TSX Composite closed -0.68% at 22116.69, the S&P 500 closed 0.11% at 5283.40, the Dow Jones Industrial Average closed -0.30% at 38571.03 and the Nasdaq Composite closed 0.56% at 16828.67.

Methanex Corp has listed on the Toronto Stock Exchange (TSX) under the ticker MX.

Trading volume was 81,798 on 620 total trades. On average, Methanex Corp has traded 100,032 shares in the last five days and 97,683 year-to-date.

Trading across the entire TSX saw 1,486 price advancers against 3,669 declines and 130 unchanged.

During the prior 52 weeks, MX.TO has traded as high as $74.25 (May 21,2024) and low as $50.57 (June 23,2023). Moreover, the shares have advanced 16.73 percent in 52 weeks, while in 2024, they have boosted 10.23%.

It announced a 0.18 dividend on April 24/24, with an June 14/24 ex-date and June 28/24 pay day.

Following today's trading, Methanex Corp has a market capitalization of $4.74 billion on a float of 67,387 shares outstanding. Its annual EPS is $2.47.

Methanex Corp is a TSX Chemicals company headquartered in Vancouver, CAN.

Based on 9.00 analysts, Methanex Corp gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 6 buy ratings and 3 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..