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 company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of C$65.39, for a total transaction of C$504,818.52.

Methanex Price Performance

MX opened at C$66.06 on Thursday. Methanex Co. has a 52-week low of C$49.21 and a 52-week high of C$74.25. The company has a 50 day moving average of C$60.71 and a two-hundred day moving average of C$62.11. The company has a market cap of C$4.45 billion, a P/E ratio of 22.70, a P/E/G ratio of 0.44 and a beta of 1.79. The company has a quick ratio of 1.59, a current ratio of 1.25 and a debt-to-equity ratio of 131.58.

Methanex (TSE:MX) (NASDAQ:MEOH) last announced its quarterly earnings results on Wednesday, November 6th. The company reported C$1.65 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.60 by C$1.05. Methanex had a net margin of 4.06% and a return on equity of 10.21%. The firm had revenue of C$1.28 billion during the quarter, compared to analysts’ expectations of C$1.26 billion. On average, analysts expect that Methanex Co. will post 5.9482927 earnings per share for the current year.

Analyst Ratings Changes

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