Celestica (TSE:CLS) Sets New 1-Year High – Here’s What Happened

Shares of Celestica Inc. (TSE:CLS) (NYSE:CLS) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$144.78 and last traded at C$142.65, with a volume of 304644 shares trading hands. The stock had previously closed at C$139.95.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. UBS Group upgraded shares of Celestica to a “hold” rating in a research note on Friday, November 22nd. Barclays upgraded Celestica to a “strong-buy” rating in a research note on Tuesday, November 5th.

Celestica Stock Up 1.2 %

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 firm’s 50 day moving average price is C$122.84 and its two-hundred day moving average price is C$90.32. The company has a market capitalization of C$16.80 billion, a price-to-earnings ratio of 33.57, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23.

Insider Buying and Selling at Celestica

In other news, 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 value of C$14,524,318.50. Also, Director Leila Wong sold 600 shares of Celestica stock in a transaction dated 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 239,854 shares of company stock worth $24,640,647 over the last 90 days. Company insiders own 1.00% of the company’s stock.

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.