Methanex Corp (NASDAQ: MEOH) suffers from exceptional negative changes in investment behavior: negative upside/downside volume developed, and its shorter term price trend turned down.
Recent important negative changes in fundamentals have impacted Methanex Corp (NASDAQ: MEOH): significant quarterly sales deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MEOH is expected to continue to be an important Value Builder.
Methanex has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Methanex has a neutral Power Rating of 59 and a slightly positive Appreciation Score of 62, triggering the High Neutral Value Trend Rating.
Recent Price Action
Methanex Corp (NASDAQ: MEOH) stock closed at $48.31 on 6/18/24 after a slight decline of -0.04%. However, trading volume in this decline was exceptionally low at 41% of normal. The stock has been strong relative to the market over the last nine months but has declined -5.5% during the last week.
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