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

Methanex Co. (TSE:MX) (NASDAQ:MEOH) Senior Officer Priscilla Fuchslocher sold 7,720 shares of the firm’s stock in a transaction dated 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 Up 0.0 %

MX stock opened at C$66.09 on Friday. The stock has a market capitalization of C$4.45 billion, a PE ratio of 22.71, a price-to-earnings-growth ratio of 0.44 and a beta of 1.79. Methanex Co. has a 52 week low of C$49.21 and a 52 week high of C$74.25. The company has a quick ratio of 1.59, a current ratio of 1.25 and a debt-to-equity ratio of 131.58. The firm has a 50 day moving average of C$60.81 and a 200 day moving average of C$62.07.

Methanex (TSE:MX) (NASDAQ:MEOH) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$1.65 EPS for the quarter, topping the consensus estimate of C$0.60 by C$1.05. The business had revenue of C$1.28 billion during the quarter, compared to the consensus estimate of C$1.26 billion. Methanex had a net margin of 4.06% and a return on equity of 10.21%. Sell-side analysts forecast that Methanex Co. will post 5.9482927 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Tudor Pickering upgraded shares of Methanex to a “strong-buy” rating in a research note on Wednesday, September 11th. Barclays lowered Methanex from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 10th. Finally, Cibc World Mkts upgraded Methanex from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th.

Methanex Company Profile

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.