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 Methanex stock in a transaction dated 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 Stock Performance

Shares of TSE MX opened at C$66.06 on Thursday. The company has a debt-to-equity ratio of 131.58, a current ratio of 1.25 and a quick ratio of 1.59. The company has a market cap of C$4.45 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 0.44 and a beta of 1.79. The company has a 50-day simple moving average of C$60.71 and a 200-day simple moving average of C$62.11. Methanex Co. has a 12 month low of C$49.21 and a 12 month high of C$74.25.

Methanex (TSE:MX) (NASDAQ:MEOH) last released its earnings results on Wednesday, November 6th. The company reported C$1.65 EPS for the quarter, topping the consensus estimate 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, equities analysts anticipate that Methanex Co. will post 5.9482927 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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