Methanex Co. (TSE:MX - Get Free Report) NASDAQ: MEOH shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$60.11 and traded as high as C$69.04. Methanex shares last traded at C$68.86, with a volume of 78,295 shares trading hands.
Methanex Price Performance
The business has a 50-day moving average price of C$60.95 and a 200 day moving average price of C$60.11. The stock has a market cap of C$4.50 billion, a PE ratio of 19.06, a PEG ratio of 0.44 and a beta of 1.94. The company has a current ratio of 1.14, a quick ratio of 1.59 and a debt-to-equity ratio of 138.70.
Methanex (TSE:MX - Get Free Report) NASDAQ: MEOH last released its quarterly earnings data on Wednesday, January 31st. The company reported C$0.71 EPS for the quarter, beating the consensus estimate of C$0.37 by C$0.34. The business had revenue of C$1.26 billion for the quarter, compared to the consensus estimate of C$1.23 billion. Methanex had a net margin of 4.68% and a return on equity of 12.35%. As a group, research analysts forecast that Methanex Co. will post 3.3199412 earnings per share for the current fiscal year.
Methanex Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th were given a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a dividend yield of 1.47%. The ex-dividend date was Wednesday, March 13th. Methanex's dividend payout ratio is presently 28.86%.
About Methanex
(
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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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