Closing Bell: Methanex Corp down on Wednesday (MX)

Today in trading, shares of Methanex Corp opened at $70.76 and closed at $69.82. Intraday prices ranged from $69.64 to $71.54.

Shares decreased -0.21 percent from the previous day's close of $69.97.

Today across North America, the TSX Composite closed 0.34% at 21961.55, the S&P 500 closed 0.27% at 5375.32, the Dow Jones Industrial Average closed -0.31% at 38747.42 and the Nasdaq Composite closed 0.88% at 17343.55.

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

A total of 107,403 shares was traded during the last trading day, with total trades of 900, with an average volume of 70,714 over the last 5 days.

Trading across the entire TSX saw 3,171 price advancers against 1,986 declines and 97 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 28.94% in the last 52 weeks, while this year, they have advanced 11.39%.

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 $4.72 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's average recommendation is "Moderate Buy" based on 9.00 analysts according to Zacks. From those 9 analysts, 6 have buy ratings and 3 analysts gave hold ratings.

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..