Closing Bell: Methanex Corp down on Tuesday (MX)

Today during trading, shares of Methanex Corp opened at $57.71 and closed at $58.04. It traded at a low of $57.50 to a high of $58.89.

Share prices dipped -2.76 percent from the previous day's close of $59.69.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 151,760 shares was traded during the session, with total trades of 1,202, with an average volume of 169,340 over 5 days.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 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 eased -3.09% in the last year, while they have reduced -7.40% year-to-date.

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 $4.02 billion on a float of 67,387 shares outstanding. Its annual EPS is $2.14.

Methanex Corp is a TSX Chemicals company headquartered in Vancouver, CAN.

Currently, Methanex Corp has an average recommendation of "Moderate Buy" based on 9.00 analysts according to Zacks. Currently, there are 6 buy ratings and 3 hold ratings for the stock.

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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..