On Friday, Methanex Corp (NASDAQ: MEOH) opened higher 4.56% from the last session, before settling in for the closing price of $34.43. Price fluctuations for MEOH have ranged from $25.46 to $54.49 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 2.53%. Company’s average yearly earnings per share was noted -20.21% at the time writing. With a float of $66.26 million, this company’s outstanding shares have now reached $67.40 million.
Let’s determine the extent of company efficiency that accounts for 1415 employees. In terms of profitability, gross margin is 20.17%, operating margin of 13.39%, and the pretax margin is 10.15%.
Methanex Corp (MEOH) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Chemicals industry is another important factor to consider. The insider ownership of Methanex Corp is 1.68%, while institutional ownership is 82.49%.
Methanex Corp (MEOH) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -20.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.83% during the next five years compared to 16.26% growth over the previous five years of trading.
Methanex Corp (NASDAQ: MEOH) Trading Performance Indicators
Check out the current performance indicators for Methanex Corp (MEOH). In the past quarter, the stock posted a quick ratio of 2.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66. Likewise, its price to free cash flow for the trailing twelve months is 3.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.19, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 3.47 in one year’s time.
Technical Analysis of Methanex Corp (MEOH)
Looking closely at Methanex Corp (NASDAQ: MEOH), its last 5-days average volume was 0.77 million, which is a jump from its year-to-date volume of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 85.19%. Additionally, its Average True Range was 1.29.
During the past 100 days, Methanex Corp’s (MEOH) raw stochastic average was set at 36.31%, which indicates a significant decrease from 81.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.13% in the past 14 days, which was lower than the 56.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.59, while its 200-day Moving Average is $40.74. However, in the short run, Methanex Corp’s stock first resistance to watch stands at $36.72. Second resistance stands at $37.44. The third major resistance level sits at $37.85. If the price goes on to break the first support level at $35.59, it is likely to go to the next support level at $35.18. Now, if the price goes above the second support level, the third support stands at $34.46.
Methanex Corp (NASDAQ: MEOH) Key Stats
There are currently 67,395K shares outstanding in the company with a market cap of 2.43 billion. Presently, the company’s annual sales total 3,720 M according to its annual income of 163,990 K. Last quarter, the company’s sales amounted to 896,470 K and its income totaled 111,290 K.
