Closing Bell: Methanex Corp down on Tuesday (MX)

In market activity today, Methanex Corp shares closed at $65.62 after opening the day at $66.65. Intraday prices ranged from $65.36 to $66.66.

Shares decreased -1.99% from the previous day's close of $66.95.

Today across North America, the TSX Composite closed -0.28% at 21788.48, the S&P 500 closed -0.31% at 5447.87, the Dow Jones Industrial Average closed 0.67% at 39411.21 and the Nasdaq Composite closed -1.09% at 17496.82.

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

Trading volume was 50,568 on 466 total trades, while having an average volume of 172,470 over the last 5-days.

The TSX market on the whole today saw 1,735 price advancers against 3,477 declines and 116 unchanged.

During the prior 52 weeks, MX.TO has traded as high as $74.25 (May 21,2024) and low as $50.64 (June 28,2023). Moreover, in the last 12 months, Methanex Corp's shares have boosted 27.59%, while they have advanced 4.69% since the start of 2024.

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 $4.51 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. 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..