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Celestica (TSE:CLS) Hits New 1-Year High - Here's What Happened

Celestica logo with Computer and Technology background

Shares of Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$99.41 and last traded at C$98.99, with a volume of 306028 shares trading hands. The stock had previously closed at C$95.28.

Analyst Upgrades and Downgrades

Separately, TD Securities increased their target price on Celestica from C$55.00 to C$61.00 and gave the stock a "buy" rating in a report on Friday, July 26th.

Check Out Our Latest Stock Analysis on Celestica

Celestica Stock Performance

The stock has a 50 day simple moving average of C$73.39 and a 200 day simple moving average of C$72.24. The stock has a market cap of C$11.62 billion, a P/E ratio of 23.23, 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.

Insiders Place Their Bets

In other Celestica news, Director Leila Wong sold 600 shares of Celestica stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of C$97.68, for a total value of C$58,605.18. In other news, Director Leila Wong sold 600 shares of the firm's stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of C$97.68, for a total value of C$58,605.18. Also, Director Robert Andrew Mionis sold 150,000 shares of the stock in a transaction dated Monday, October 28th. The shares were sold at an average price of C$96.83, for a total transaction of C$14,524,318.50. 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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