Closing Bell: Methanex Corp down on Friday (MX)

In trading today, Methanex Corp shares closed at $59.69 after opening the day at $62.09. prices ranged from a low of $58.02 to a high of $62.12.

The price dipped -6.03% from the previous day's close of $63.52.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

Trading volume was 209,211 on 1,785 total trades, while having an average volume of 150,437 in the last five days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 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 raised 3.81% in the last year, while this year, they have shrunken -4.77%.

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 $4.28 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. 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..