Insider Selling: Celestica Inc. (TSE:CLS) Senior Officer Sells 18,000 Shares of Stock

Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS Senior Officer Jason Phillips sold 18,000 shares of the company's stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of C$116.94, for a total transaction of C$2,104,847.21.

Celestica Stock Performance

CLS traded up C$1.23 during midday trading on Friday, reaching C$119.54. The company's stock had a trading volume of 532,743 shares, compared to its average volume of 642,956. The company has a fifty day simple moving average of C$75.39 and a 200 day simple moving average of C$73.14. The stock has a market cap of C$14.18 billion, a P/E ratio of 28.04, a PEG 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. Celestica Inc. has a twelve month low of C$33.66 and a twelve month high of C$120.16.

Analyst Ratings Changes

Several brokerages recently weighed in on CLS. TD Securities boosted their target price on shares of Celestica from C$55.00 to C$61.00 and gave the company a "buy" rating in a research note on Friday, July 26th. Barclays raised Celestica to a "strong-buy" rating in a research report on Tuesday. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Celestica has a consensus rating of "Buy" and an average target price of C$44.00.

Remove Ads

About Celestica

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.