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Celestica (TSE:CLS) Sets New 52-Week High - Still a Buy?

Celestica logo with Computer and Technology background

Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS reached a new 52-week high on Wednesday . The stock traded as high as C$155.13 and last traded at C$154.35, with a volume of 268743 shares trading hands. The stock had previously closed at C$148.00.

Analyst Ratings Changes

A number of brokerages have weighed in on CLS. Barclays raised Celestica to a "strong-buy" rating in a research report on Tuesday, November 5th. UBS Group raised Celestica to a "hold" rating in a research report on Friday, November 22nd.

View Our Latest Research Report on CLS

Celestica Stock Performance

The firm's 50 day moving average price is C$129.60 and its 200-day moving average price is C$93.62. The firm has a market cap of C$18.25 billion, a price-to-earnings ratio of 36.46, a P/E/G ratio of 0.14 and a beta of 2.23. The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54.

Insiders Place Their Bets

In other Celestica news, Director Robert Andrew Mionis sold 150,000 shares of the business's stock in a transaction on Monday, October 28th. The shares were sold at an average price of C$96.83, for a total value of C$14,524,318.50. Also, Director Leila Wong sold 600 shares of the stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of C$97.68, for a total transaction of C$58,605.18. Insiders have sold 244,954 shares of company stock worth $25,363,678 in the last ninety days. Insiders own 1.00% of the company's stock.

About Celestica

(Get Free Report)

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.

See Also

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