Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$81.16 and traded as high as C$116.20. Celestica shares last traded at C$115.75, with a volume of 795,005 shares.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on CLS. TD Securities lifted their price target on shares of Celestica from C$55.00 to C$61.00 and gave the company a "buy" rating in a research report on Friday, July 26th. Barclays upgraded shares of Celestica to a "strong-buy" rating in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Celestica has an average rating of "Buy" and an average target price of C$44.00.
Read Our Latest Stock Analysis on CLS
Celestica Price Performance
The business's 50 day moving average price is C$82.10 and its 200-day moving average price is C$75.90. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 52.78. The company has a market cap of C$13.73 billion, a PE ratio of 27.43, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23.
Insider Buying and Selling
In other news, Director Robert Andrew Mionis sold 150,000 shares of the stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of C$96.83, for a total transaction of C$14,524,318.50. Also, Director Leila Wong sold 600 shares of Celestica stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of C$97.68, for a total transaction of C$58,605.18. Insiders have sold 228,600 shares of company stock valued at $23,295,294 in the last quarter. Company insiders own 1.00% of the company's stock.
Celestica Company Profile
(
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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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