Shares of MEOH fell by 4.36% or $-1.03/share to $22.57. Methanex Corp. is trading at a price to book ratio of 1.68. The PEG is 0.25 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.96. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 260626 shares of MEOH exchange hands on a given day and today's volume is recorded at 106507. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Methanex Corporation (Methanex) is a supplier of methanol to the major international markets of Asia Pacific, North America, Europe and Latin America.