Is Methanex Corp (MEOH) a Stock to Watch After Losing -4.69% This Week?

The market has been down on Methanex Corp (MEOH) stock recently. MEOH gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Methanex Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MEOH!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With MEOH Stock Today?

Methanex Corp (MEOH) stock has fallen -2.13% while the S&P 500 has risen 0% as of 1:05 PM on Monday, Nov 27. MEOH has fallen -$0.91 from the previous closing price of $42.81 on volume of 71,322 shares. Over the past year the S&P 500 is higher by 15.02% while MEOH has risen 5.89%. MEOH earned $2.72 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.39. To screen for more stocks like Methanex Corp click here.

More About Methanex Corp

Methanex Corp manufactures and sells methanol. Methanex's customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. China generates the most revenue of any geographical segment. Click Here to get the full Stock Report for Methanex Corp stock.