Closing Bell: Methanex Corp down on Friday (MX)

In today's trading, Methanex Corp shares opened at $62.09 and closed at $59.69. prices ranged from $58.02 to $62.12.

Share prices 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 -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

A total of 209,211 shares was traded during the session, with total trades of 1,785, with an average volume of 150,437 over the last 5 days.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 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 boosted 3.81 percent in the last 12 months, while they have eased -4.77% 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.

Based on 9.00 analysts, Methanex Corp gets an average recommendation of "Moderate Buy" 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..