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

Methanex Co. (TSE:MX) (NASDAQ:MEOH) Senior Officer Priscilla Fuchslocher sold 7,720 shares of Methanex 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 Price Performance

Shares of TSE:MX opened at C$67.44 on Wednesday. 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 business’s fifty day moving average price is C$60.60 and its two-hundred day moving average price is C$62.16. The stock has a market cap of C$4.54 billion, a PE ratio of 23.18, a price-to-earnings-growth ratio of 0.44 and a beta of 1.79. Methanex Co. has a one year low of C$49.21 and a one year high of C$74.25.

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 analysts’ consensus estimates of C$0.60 by C$1.05. Methanex had a return on equity of 10.21% and a net margin of 4.06%. The firm had revenue of C$1.28 billion during the quarter, compared to analysts’ expectations of C$1.26 billion. On average, analysts forecast that Methanex Co. will post 5.9482927 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on MX shares. Cibc World Mkts upgraded Methanex from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. Tudor Pickering raised Methanex to a “strong-buy” rating in a report on Wednesday, September 11th. Finally, Barclays downgraded shares of Methanex from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 10th.

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.