Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS shares reached a new 52-week low on Monday . The stock traded as low as C$0.01 and last traded at C$138.66, with a volume of 1029432 shares changing hands. The stock had previously closed at C$154.49.
Analyst Ratings Changes
Several analysts have commented on the stock. UBS Group raised shares of Celestica to a "hold" rating in a research report on Friday, November 22nd. Cormark boosted their target price on Celestica from C$93.00 to C$137.00 in a research note on Thursday, January 30th. BMO Capital Markets increased their price target on Celestica from C$72.00 to C$140.00 in a research note on Thursday, January 30th. Cibc World Mkts upgraded shares of Celestica from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 31st. Finally, Barclays raised Celestica to a "strong-buy" rating in a report on Tuesday, November 5th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Celestica currently has an average rating of "Buy" and a consensus target price of C$96.75.
Get Our Latest Stock Report on CLS
Celestica Stock Performance
The company has a market capitalization of C$10.96 billion, a P/E ratio of 29.53, a PEG ratio of 0.14 and a beta of 2.23. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 51.72. The company's 50-day moving average is C$160.56 and its two-hundred day moving average is C$116.55.
Insider Activity
In related news, Director Michael M. Wilson sold 5,100 shares of the firm's stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$141.77, for a total value of C$723,030.57. Also, Director Alok K. Agrawal sold 1,763 shares of the firm's stock in a transaction dated Friday, January 31st. The stock was sold at an average price of C$183.66, for a total transaction of C$323,800.28. In the last three months, insiders have sold 132,714 shares of company stock worth $23,276,319. 1.00% of the stock is currently owned by insiders.
About Celestica
(
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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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