Closing Bell: Methanex Corp up on Monday (MX)

Today during trading, shares of Methanex Corp opened at $65.80 and closed at $65.95. prices ranged from $65.23 to $66.67.

Share prices gained 0.33% from the previous day's close of $65.73.

During the day across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

Trading volume was 57,244 on 559 total trades, with an average volume of 67,680 in the last five days.

Trading across the entire TSX saw 1,903 price advancers against 3,356 declines and 91 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, in the last 12 months, Methanex Corp's shares have boosted 13.30%, while they have advanced 5.22% this year.

It announced a 0.18 dividend on July 19/24, with an September 16/24 ex-date and September 30/24 pay day.

Following today's trading, Methanex Corp has a market capitalization of $4.43 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..