Methanex Co. (TSE:MX) (NASDAQ:MEOH) Director John Floren sold 20,000 shares of the stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of C$72.85, for a total value of C$1,457,000.00.

John Floren also recently made the following trade(s):

  • On Monday, October 30th, John Floren sold 450 shares of Methanex stock. The shares were sold at an average price of C$65.32, for a total value of C$29,394.00.

Shares of Methanex Co. (TSE MX) traded up C$1.36 during trading hours on Wednesday, reaching C$73.28. The company had a trading volume of 452,790 shares, compared to its average volume of 332,803. Methanex Co. has a twelve month low of C$52.63 and a twelve month high of C$74.94.

A number of brokerages have recently commented on MX. Scotiabank reiterated a “sector perform” rating and issued a C$67.00 price target on shares of Methanex in a research note on Wednesday, October 18th. Raymond James Financial cut Methanex from an “outperform” rating to a “market perform” rating and set a C$77.00 price target for the company. in a research note on Tuesday, October 31st. TD Securities increased their price target on Methanex to C$75.50 and gave the company a “buy” rating in a research note on Friday, October 27th. BMO Capital Markets reiterated an “outperform” rating and issued a C$57.00 price target on shares of Methanex in a research note on Monday, September 18th. Finally, Royal Bank of Canada increased their price target on Methanex to C$73.00 and gave the company a “sector perform” rating in a research note on Friday, October 27th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of C$70.10.

ILLEGAL ACTIVITY WARNING: This story was first published by American Banking News and is owned by of American Banking News. If you are reading this story on another site, it was illegally copied and reposted in violation of U.S. & international copyright law. The correct version of this story can be read at https://www.americanbankingnews.com/2017/12/13/methanex-co-mx-director-sells-c1457000-00-in-stock.html.

About Methanex

Methanex Corp is a Canada-based producer and supplier of methanol to a range of international markets. The Company operates production sites in Canada, Chile, Egypt, New Zealand, the United States, as well as Trinidad and Tobago. Its global operations are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers.

Insider Buying and Selling by Quarter for Methanex (TSE:MX)

Receive News & Ratings for Methanex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Methanex and related companies with MarketBeat.com's FREE daily email newsletter.