Methanex Co. (TSE:MX - Get Free Report) NASDAQ: MEOH Director Alejandro Larrive sold 1,000 shares of the business's stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of C$68.50, for a total transaction of C$68,500.00.
Methanex Trading Up 2.1 %
TSE MX traded up C$1.43 during trading on Tuesday, hitting C$68.51. The company had a trading volume of 45,316 shares, compared to its average volume of 98,980. The company's fifty day moving average is C$62.90 and its 200-day moving average is C$61.09. Methanex Co. has a one year low of C$50.57 and a one year high of C$69.85. The company has a current ratio of 1.14, a quick ratio of 1.59 and a debt-to-equity ratio of 138.70. The company has a market cap of C$4.62 billion, a price-to-earnings ratio of 19.57, a price-to-earnings-growth ratio of 0.44 and a beta of 1.94.
Methanex (TSE:MX - Get Free Report) NASDAQ: MEOH last announced its earnings results on Wednesday, April 24th. The company reported C$0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.40 by C$0.48. Methanex had a return on equity of 12.35% and a net margin of 4.68%. The firm had revenue of C$1.23 billion during the quarter, compared to analyst estimates of C$1.23 billion. On average, sell-side analysts predict that Methanex Co. will post 3.3199412 earnings per share for the current year.
Methanex Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date is Friday, June 14th. This is a boost from Methanex's previous quarterly dividend of $0.25. Methanex's dividend payout ratio is 28.86%.
About Methanex
(
Get Free Report)
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.
Recommended Stories
Before you consider Methanex, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Methanex wasn't on the list.
While Methanex currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
