Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS's share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$128.00 and traded as low as C$108.70. Celestica shares last traded at C$116.36, with a volume of 846,800 shares trading hands.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on CLS shares. Cormark increased their price target on Celestica from C$93.00 to C$137.00 in a research report on Thursday, January 30th. BMO Capital Markets raised their price target on Celestica from C$72.00 to C$140.00 in a research note on Thursday, January 30th. Finally, Cibc World Mkts raised Celestica from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. Two analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of C$96.75.
View Our Latest Stock Analysis on Celestica
Celestica Trading Up 10.7 %
The business's fifty day simple moving average is C$130.62 and its 200 day simple moving average is C$129.01. 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 stock has a market cap of C$10.72 billion, a P/E ratio of 28.86, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23.
Insiders Place Their Bets
In other Celestica news, Director Alok K. Agrawal sold 1,763 shares of the company's stock in a transaction dated Friday, January 31st. The shares were sold at an average price of C$183.66, for a total transaction of C$323,800.28. Also, Senior Officer Todd Christopher Cooper sold 1,772 shares of the stock in a transaction on Friday, February 7th. The stock was sold at an average price of C$189.53, for a total transaction of C$335,851.06. Insiders have sold a total of 127,614 shares of company stock valued at $22,553,289 in the last 90 days. 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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