Closing Bell: Methanex Corp down on Wednesday (MX)

In market activity today, Methanex Corp stock opened at $66.45 and closed at $65.83. It traded at a low of $65.58 to a high of $66.45.

Share prices dipped -0.68% from the previous day's close of $66.28.

During the day across North America, the TSX Composite closed -0.44% at 21516.90, the S&P 500 closed 0.25% at 5487.03, the Dow Jones Industrial Average closed 0.15% at 38834.86 and the Nasdaq Composite closed 0.03% at 17862.23.

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

A total of 27,686 shares was traded during the session, with total trades of 240, with an average volume of 59,646 in the last five days.

The TSX overall saw 2,166 price advancers against 3,011 declines and 163 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 boosted 17.81 percent in the last year, while this year, they have raised 5.03%.

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 $4.47 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. 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..