Methanex Co. (TSE:MX) Director Karine Delbarre Acquires 1,081 Shares of Stock

Methanex Co. (TSE:MX) (NASDAQ:MEOH) Director Karine Delbarre bought 1,081 shares of the company’s stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average price of C$53.07 per share, with a total value of C$57,368.72.

Methanex Trading Up 0.2 %

Shares of Methanex stock opened at C$52.74 on Thursday. The firm has a market capitalization of C$2.51 billion, a PE ratio of 16.57, a price-to-earnings-growth ratio of 0.44 and a beta of 1.79. The company has a current ratio of 1.34, a quick ratio of 1.59 and a debt-to-equity ratio of 148.53. The firm’s 50 day moving average is C$67.75 and its 200 day moving average is C$62.96. Methanex Co. has a 1 year low of C$49.21 and a 1 year high of C$78.18.

Analyst Ratings Changes

Several brokerages have commented on MX. Cibc World Mkts upgraded shares of Methanex from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. Scotiabank lowered Methanex from a “strong-buy” rating to a “hold” rating in a research note on Monday. Two research analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy”.

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.