Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$133.55 and traded as low as C$131.69. Celestica shares last traded at C$134.05, with a volume of 855,265 shares changing hands.
Wall Street Analysts Forecast Growth
CLS has been the topic of a number of recent analyst reports. BMO Capital Markets dropped their price target on shares of Celestica from C$140.00 to C$118.00 in a research report on Monday, April 28th. Cibc World Mkts raised shares of Celestica from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 31st. Cormark raised their price target on shares of Celestica from C$93.00 to C$137.00 in a research report on Thursday, January 30th. Argus raised shares of Celestica to a "strong-buy" rating in a research report on Tuesday, April 29th. Finally, Canaccord Genuity Group dropped their price target on shares of Celestica from C$138.00 to C$126.00 and set a "buy" rating on the stock in a research report on Monday, April 28th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, Celestica currently has a consensus rating of "Buy" and an average price target of C$110.50.
Read Our Latest Analysis on Celestica
Celestica Price Performance
The business's fifty day moving average is C$120.61 and its 200-day moving average is C$133.91. The company has a debt-to-equity ratio of 51.72, a current ratio of 1.47 and a quick ratio of 0.54. The firm has a market cap of C$10.97 billion, a PE ratio of 29.55, a P/E/G ratio of 0.14 and a beta of 2.23.
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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