Shares of Celestica Inc. (TSE:CLS) (NYSE:CLS) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$10.35 and traded as high as C$10.53. Celestica shares last traded at C$10.08, with a volume of 178,376 shares traded.
Separately, Royal Bank of Canada reissued a “sector perform” rating and set a C$11.00 target price on shares of Celestica in a research note on Friday, April 30th.
The firm has a market capitalization of C$1.29 billion and a PE ratio of 14.58. The company has a current ratio of 1.77, a quick ratio of 0.95 and a debt-to-equity ratio of 40.18. The business has a 50 day moving average price of C$10.33 and a 200-day moving average price of C$10.43.
About Celestica (TSE:CLS)
Celestica Inc provides hardware platform and 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, engineering, supply chain management, new product introduction, 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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