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Celestica (TSE:CLS) Stock Crosses Above 50-Day Moving Average - Time to Sell?

Celestica logo with Computer and Technology background

Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$111.77 and traded as high as C$140.58. Celestica shares last traded at C$136.94, with a volume of 1,261,574 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts have recently commented on CLS shares. UBS Group raised shares of Celestica to a "hold" rating in a research note on Friday, November 22nd. Barclays upgraded shares of Celestica to a "strong-buy" rating in a research note on Tuesday, November 5th.

Read Our Latest Research Report on CLS

Celestica Price Performance

The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54. The firm has a market cap of C$16.24 billion, a price-to-earnings ratio of 32.45, a PEG ratio of 0.14 and a beta of 2.23. The stock has a 50-day moving average price of C$111.77 and a 200 day moving average price of C$85.92.

Insider Buying and Selling

In related news, Senior Officer Jason Phillips sold 18,000 shares of Celestica stock in a transaction on Thursday, November 7th. The shares were sold at an average price of C$116.94, for a total value of C$2,104,847.21. Also, Director Alok K. Agrawal sold 1,550 shares of the business's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of C$119.54, for a total transaction of C$185,293.91. Insiders sold a total of 239,854 shares of company stock worth $24,640,647 in the last 90 days. Company insiders own 1.00% of the company's stock.

Celestica Company Profile

(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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