Methanex Co. (TSE:MX - Get Free Report) (NASDAQ:MEOH) Director Alejandro Larrive sold 1,000 shares of Methanex stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of C$68.50, for a total value of C$68,500.00.
Methanex Price Performance
MX opened at C$68.51 on Wednesday. Methanex Co. has a 1 year low of C$50.57 and a 1 year high of C$69.85. The company has a debt-to-equity ratio of 138.70, a quick ratio of 1.59 and a current ratio of 1.14. The company's 50 day simple moving average is C$62.90 and its 200 day simple moving average is C$61.09. The stock has a market capitalization of C$4.62 billion, a PE ratio of 19.57, a P/E/G ratio of 0.44 and a beta of 1.94.
Methanex (TSE:MX - Get Free Report) (NASDAQ:MEOH) last announced its quarterly earnings data on Wednesday, April 24th. The company reported C$0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.40 by C$0.48. The company had revenue of C$1.23 billion during the quarter, compared to analysts' expectations of C$1.23 billion. Methanex had a net margin of 4.68% and a return on equity of 12.35%. As a group, sell-side analysts expect that Methanex Co. will post 3.3199412 EPS for the current year.
Methanex Increases Dividend
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The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, June 14th. This is a positive change from Methanex's previous quarterly dividend of $0.25. This represents a $1.00 annualized dividend and a yield of 1.46%. Methanex's dividend payout ratio is currently 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.
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