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 on Tuesday . The stock traded as high as C$166.20 and last traded at C$164.41, with a volume of 148559 shares changing hands. The stock had previously closed at C$163.86.

Wall Street Analyst Weigh In

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

Celestica Stock Performance

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 company has a market capitalization of C$19.50 billion, a price-to-earnings ratio of 38.96, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. The firm has a fifty day simple moving average of C$132.42 and a 200 day simple moving average of C$95.38.

Insider Buying and Selling

In other news, Director Michael M. Wilson sold 5,100 shares of Celestica stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$141.77, for a total transaction of C$723,030.57. Also, 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. Over the last three months, insiders have sold 244,954 shares of company stock worth $25,363,678. 1.00% of the stock is owned by insiders.

Celestica Company Profile

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.