Methanex Co. (TSE:MX) Director Buys C$57,368.72 in Stock

Methanex Co. (TSE:MX - Get Free Report) NASDAQ: MEOH Director Karine Delbarre bought 1,081 shares of the company's stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased at an average cost of C$53.07 per share, with a total value of C$57,368.72.Methanex Price PerformanceMX traded up C$0.23 during trading hours on Wednesday, hitting C$52.87. The company's stock had a trading volume of 121,409 shares, compared to its average volume of 163,652. The stock has a market cap of C$2.52 billion, a price-to-earnings ratio of 16.61, a P/E/G ratio of 0.44 and a beta of 1.79. The business's 50-day moving average price is C$68.13 and its 200-day moving average price is C$63.02. The company has a current ratio of 1.34, a quick ratio of 1.59 and a debt-to-equity ratio of 148.53. Methanex Co. has a 12 month low of C$49.21 and a 12 month high of C$78.18. Wall Street Analyst Weigh InSeveral research firms have recently issued reports on MX. Cibc World Mkts raised shares of Methanex from a "hold" rating to a "strong-buy" rating in a report on Tuesday, December 10th. Scotiabank downgraded shares of Methanex from a "strong-buy" rating to a "hold" rating in a report on Monday. Two equities 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 currently has a consensus rating of "Buy".Get Our Latest Report on MXAbout 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.Featured StoriesFive stocks we like better than MethanexDo ETFs Pay Dividends? What You Need to KnowNVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a BuyBest Stocks Under $10.00 Why Energy Transfer Belongs on Your WatchlistHealth Care Stocks Explained: Why You Might Want to InvestWhy Wayfair Stock May Be a Hidden Gem for Value InvestorsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Methanex Right Now?Before you consider Methanex, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Methanex wasn't on the list.While Methanex currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here