Closing Bell: Methanex Corp down on Wednesday (MX)

In today's trading, Methanex Corp opened at $58.95 and closed at $55.93. prices ranged from $55.80 to $60.72.

Shares eased -3.64 percent from the previous day's close of $58.04.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 435,970 shares was traded during the session, with total trades of 3,044, while having an average volume of 237,661 in the last five days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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 eased -6.61 percent, while in 2024, they have dipped -10.77%.

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 $3.91 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.

Methanex Corp is holding an average recommendation of "Moderate Buy" from 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..