Priscilla Fuchslocher Sells 7,720 Shares of Methanex Co. (TSE:MX) Stock

Methanex Co. (TSE:MX - Get Free Report) NASDAQ: MEOH Senior Officer Priscilla Fuchslocher sold 7,720 shares of the business's stock in a transaction on Monday, December 16th. The shares were sold at an average price of C$65.39, for a total transaction of C$504,818.52.

Methanex Stock Performance

Methanex stock traded up C$2.12 during mid-day trading on Tuesday, reaching C$67.44. 142,062 shares of the stock traded hands, compared to its average volume of 109,188. The business's 50-day moving average is C$60.60 and its 200-day moving average is C$62.16. The stock has a market capitalization of C$4.54 billion, a PE ratio of 23.18, a price-to-earnings-growth ratio of 0.44 and a beta of 1.79. Methanex Co. has a 12-month low of C$49.21 and a 12-month high of C$74.25. The company has a debt-to-equity ratio of 131.58, a current ratio of 1.25 and a quick ratio of 1.59.

Methanex (TSE:MX - Get Free Report) NASDAQ: MEOH last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$1.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.60 by C$1.05. Methanex had a net margin of 4.06% and a return on equity of 10.21%. The firm had revenue of C$1.28 billion during the quarter, compared to the consensus estimate of C$1.26 billion. As a group, sell-side analysts predict that Methanex Co. will post 5.9482927 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on the company. Cibc World Mkts raised Methanex from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, December 10th. Barclays cut shares of Methanex from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 10th. Finally, Tudor Pickering upgraded Methanex to a "strong-buy" rating in a report on Wednesday, September 11th.

About Methanex

Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities.