Closing Bell: Methanex Corp down on Tuesday (MX)

In market activity today, Methanex Corp shares closed at $67.40 after opening the day at $67.53. prices ranged from $66.86 to $68.10.

Shares dipped -1.12 percent from the previous day's close of $68.16.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

A total of 53,152 shares was traded during the last trading day, with total trades of 442, while having an average volume of 68,412 in the last five days.

Trading across the entire TSX saw 3,093 price advancers against 2,137 declines and 96 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 18.02 percent, while they have boosted 7.53% 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 $4.59 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. Currently, there are 6 buy ratings and 3 hold ratings for the stock.

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..