Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS's stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.01 and last traded at C$138.66, with a volume of 1029432 shares. The stock had previously closed at C$154.49.
Analysts Set New Price Targets
Several research analysts recently issued reports on the company. Cibc World Mkts raised Celestica from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. UBS Group raised Celestica to a "hold" rating in a research note on Friday, November 22nd. Cormark increased their price objective on Celestica from C$93.00 to C$137.00 in a research note on Thursday, January 30th. Finally, BMO Capital Markets increased their target price on Celestica from C$72.00 to C$140.00 in a research report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$96.75.
Read Our Latest Research Report on Celestica
Celestica Price Performance
The company has a current ratio of 1.47, a quick ratio of 0.54 and a debt-to-equity ratio of 51.72. The firm has a market cap of C$10.64 billion, a P/E ratio of 28.66, a PEG ratio of 0.14 and a beta of 2.23. The firm has a 50-day simple moving average of C$159.68 and a 200-day simple moving average of C$117.74.
Insider Activity
In other news, Director Alok K. Agrawal sold 1,763 shares of the stock in a transaction on Friday, January 31st. The stock was sold at an average price of C$183.66, for a total transaction of C$323,800.28. Also, Director Michael M. Wilson sold 5,100 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of C$141.77, for a total value of C$723,030.57. In the last quarter, insiders sold 132,714 shares of company stock worth $23,276,319. Insiders own 1.00% of the company's stock.
Celestica Company Profile
(
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Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.
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