Shares of Methanex Co. (TSE:MX - Get Free Report) NASDAQ: MEOH hit a new 52-week high on Thursday . The stock traded as high as C$76.14 and last traded at C$76.03, with a volume of 67015 shares trading hands. The stock had previously closed at C$71.89.
Wall Street Analyst Weigh In
Separately, Cibc World Mkts raised Methanex from a "hold" rating to a "strong-buy" rating in a report on Tuesday, December 10th.
View Our Latest Research Report on MX
Methanex Price Performance
The stock has a 50 day moving average price of C$69.30 and a two-hundred day moving average price of C$62.81. The company has a debt-to-equity ratio of 131.58, a quick ratio of 1.59 and a current ratio of 1.25. The company has a market capitalization of C$5.11 billion, a PE ratio of 26.08, a P/E/G ratio of 0.44 and a beta of 1.79.
Methanex (TSE:MX - Get Free Report) NASDAQ: MEOH last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$1.65 EPS for the quarter, beating analysts' consensus estimates of C$0.60 by C$1.05. The business had revenue of C$1.28 billion for the quarter, compared to analyst estimates of C$1.26 billion. Methanex had a return on equity of 10.21% and a net margin of 4.06%. Equities analysts forecast that Methanex Co. will post 5.9482927 earnings per share for the current year.
Insider Activity
In other Methanex news, Senior Officer Priscilla Fuchslocher sold 7,720 shares of the firm's stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of C$65.39, for a total value of C$504,818.52. 0.35% of the stock is currently owned by insiders.
Methanex Company Profile
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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.
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