(MX) Methanex - Ratings and Ratios

Methanex Corporation is a global leader in the production and supply of methanol, operating across Asia Pacific, North America, Europe, and South America. The company owns and leases extensive storage and terminal facilities to ensure efficient distribution of its products. Methanex primarily serves chemical and petrochemical producers, as well as energy and fuel producers, who rely on methanol as a key feedstock or fuel source. Incorporated in 1968, Methanex is headquartered in Vancouver, Canada, and has established itself as a critical player in the global methanol market. Web URL: https://www.methanex.com

3-Month Forecast: Based on the current trend, MX is likely to face resistance at the SMA 50 (51.07) and SMA 200 (59.80) levels. Support is expected near the SMA 20 (41.27). The ATR of 2.22 suggests moderate volatility, with potential price swings of ±5-7% over the next quarter. Methanol demand is expected to remain stable, driven by growth in the energy and chemical sectors. However, rising production costs and supply chain constraints could impact margins. The forward P/E of 7.47 indicates undervaluation relative to historical averages, suggesting potential upside.