Closing Bell: Methanex Corp down on Wednesday (MX)

Methanex Corp opened trading today at $69.04 and closed at $69.07. Intraday prices ranged from $68.30 to $69.25.

Shares plummeted -0.03% from the previous day's close of $69.09.

During the day across North America, the TSX Composite closed 0.76% at 22145.02, the S&P 500 closed 0.15% at 5291.34, the Dow Jones Industrial Average closed 0.36% at 38711.29 and the Nasdaq Composite closed 0.17% at 16857.05.

Methanex Corp traded under MX on the Toronto Stock Exchange (TSX).

Trading volume was 63,428 on 530 total trades, while having an average volume of 98,709 over 5 days.

Trading across the entire TSX saw 3,285 price advancers against 1,877 declines and 111 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, in the last 12 months, Methanex Corp's shares have boosted 15.58 percent, while in 2024, they have advanced 10.19%.

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 $4.66 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.

Methanex Corp is holding an average recommendation of "Moderate Buy" from 9.00 analysts 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..