Shares of Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS were down 12% during trading on Monday . The company traded as low as C$142.55 and last traded at C$153.68. Approximately 334,841 shares were traded during trading, a decline of 35% from the average daily volume of 514,602 shares. The stock had previously closed at C$174.68.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on CLS. UBS Group upgraded shares of Celestica to a "hold" rating in a research note on Friday, November 22nd. Barclays raised Celestica to a "strong-buy" rating in a research report on Tuesday, November 5th.
Check Out Our Latest Stock Report on Celestica
Celestica Stock Up 6.0 %
The company's 50-day simple moving average is C$138.58 and its 200 day simple moving average is C$99.39. 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$17.10 billion, a P/E ratio of 34.17, 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 1,550 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of C$119.54, for a total value of C$185,293.91. Also, Director Robert Andrew Mionis sold 60,000 shares of the firm's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of C$110.13, for a total transaction of C$6,607,522.80. Insiders have sold 94,354 shares of company stock valued at $10,780,754 over the last ninety days. 1.00% of the stock is 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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