Celestica Inc. (TSE:CLS) Senior Officer Jason Phillips Sells 18,000 Shares

Celestica Inc. (TSE:CLS) (NYSE:CLS) Senior Officer Jason Phillips sold 18,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of C$116.94, for a total transaction of C$2,104,847.21.

Celestica Stock Up 4.8 %

CLS stock opened at C$118.31 on Friday. The company has a 50 day moving average of C$75.39 and a two-hundred day moving average of C$73.14. The company has a market cap of C$14.03 billion, a price-to-earnings ratio of 28.04, a PEG ratio of 0.14 and a beta of 2.23. Celestica Inc. has a 12-month low of C$33.66 and a 12-month high of C$118.68. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 52.78.

Analyst Upgrades and Downgrades

CLS has been the subject of a number of research analyst reports. Barclays upgraded Celestica to a “strong-buy” rating in a report on Tuesday. TD Securities increased their price objective on Celestica from C$55.00 to C$61.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. 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 company. According to MarketBeat.com, Celestica currently has an average rating of “Buy” and a consensus target price of C$44.00.

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.