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Celestica (TSE:CLS) Share Price Passes Above 50 Day Moving Average - Here's What Happened

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 changing hands.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Barclays upgraded Celestica to a "strong-buy" rating in a report on Tuesday, November 5th. UBS Group upgraded Celestica to a "hold" rating in a report on Friday, November 22nd.

View Our Latest Report on Celestica

Celestica Trading Up 2.2 %

The stock has a market capitalization of C$16.24 billion, a price-to-earnings ratio of 32.45, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. The company has a current ratio of 1.47, a quick ratio of 0.54 and a debt-to-equity ratio of 52.78. The company has a fifty day moving average of C$111.77 and a two-hundred day moving average of C$85.96.

Insider Activity

In other Celestica news, Senior Officer Jason Phillips sold 18,000 shares of the firm's 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 company's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of C$119.54, for a total transaction of C$185,293.91. Over the last ninety days, insiders have sold 239,854 shares of company stock valued at $24,640,647. 1.00% of the stock is owned by insiders.

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.

Further Reading

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