Celestica (TSE:CLS) Sets New 12-Month High - Should You Buy?

Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS's stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$144.78 and last traded at C$142.65, with a volume of 304644 shares trading hands. The stock had previously closed at C$139.95.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CLS shares. UBS Group raised shares of Celestica to a "hold" rating in a research note on Friday, November 22nd. Barclays raised shares of Celestica to a "strong-buy" rating in a research note on Tuesday, November 5th.

Celestica Trading Up 1.2 %

The business's 50 day simple moving average is C$122.84 and its two-hundred day simple moving average is C$90.32. The stock has a market cap of C$16.80 billion, a P/E ratio of 33.57, 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 52.78.

Insider Buying and Selling

In related news, Director Leila Wong sold 600 shares of the business's stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of C$97.68, for a total value of C$58,605.18. Also, Director Alok K. Agrawal sold 1,550 shares of the business's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of C$119.54, for a total transaction of C$185,293.91. Insiders have sold a total of 239,854 shares of company stock valued at $24,640,647 over the last 90 days. 1.00% of the stock is owned by insiders.

About Celestica

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.