Closing Bell: Methanex Corp down on Tuesday (MX)

Methanex Corp opened trading today at $65.24 and closed at $65.85. It traded at a low of $65.19 to a high of $66.01.

Shares decreased -0.30% from the previous day's close of $66.05.

Today across North America, the TSX Composite closed 0.36% at 21953.80, the S&P 500 closed 0.27% at 5475.09, the Dow Jones Industrial Average closed 0.13% at 39169.52 and the Nasdaq Composite closed 0.83% at 17879.30.

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

Trading volume was 64,901 on 576 total trades. On average, Methanex Corp has traded 77,628 shares in the last five days and 97,931 year-to-date.

The TSX market on the whole today saw 2,828 price advancers against 2,436 declines and 102 unchanged.

During the prior 52 weeks, MX.TO has traded as high as $74.25 (May 21,2024) and low as $53.00 (October 26,2023). Moreover, the shares have advanced 20.30 percent in the last 52 weeks, while in 2024, they have boosted 5.06%.

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 $4.45 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.

Currently, Methanex Corp's consensus rating is "Moderate Buy" based on 9 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..