Methanex Co. (TSE:MX) Director Karine Delbarre Purchases 1,081 Shares

Methanex Co. (TSE:MX) (NASDAQ:MEOH) Director Karine Delbarre bought 1,081 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired at an average price of C$53.07 per share, for a total transaction of C$57,368.72.

Methanex Stock Performance

TSE:MX opened at C$52.74 on Thursday. The company has a debt-to-equity ratio of 148.53, a quick ratio of 1.59 and a current ratio of 1.34. Methanex Co. has a fifty-two week low of C$49.21 and a fifty-two week high of C$78.18. The company has a 50 day simple moving average of C$67.75 and a two-hundred day simple moving average of C$62.96. The company has a market capitalization of C$2.51 billion, a PE ratio of 16.57, a P/E/G ratio of 0.44 and a beta of 1.79.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on MX shares. Cibc World Mkts upgraded shares of Methanex from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 10th. Scotiabank downgraded Methanex from a “strong-buy” rating to a “hold” rating in a report on Monday. Two equities research analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, Methanex presently has an average rating of “Buy”.

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.