Celestica Inc. (CLS.TO) (TSE:CLS) Shares Cross Above 50-Day Moving Average of $10.92

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Celestica Inc. (CLS.TO) (TSE:CLS) (NYSE:CLS)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$10.92 and traded as high as C$10.94. Celestica Inc. (CLS.TO) shares last traded at C$10.75, with a volume of 494,142 shares trading hands.

Separately, TD Securities reissued a “hold” rating and issued a C$8.00 price target on shares of Celestica Inc. (CLS.TO) in a research report on Thursday, December 3rd.

The stock’s 50-day moving average is C$10.92 and its 200-day moving average is C$10.06. The firm has a market cap of C$1.39 billion and a P/E ratio of 22.92. The company has a quick ratio of 0.99, a current ratio of 1.73 and a debt-to-equity ratio of 42.75.

Celestica Inc. (CLS.TO) (TSE:CLS) (NYSE:CLS) last announced its earnings results on Tuesday, January 26th. The company reported C$0.34 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.33 by C$0.01. The company had revenue of C$1.81 billion for the quarter, compared to the consensus estimate of C$1.87 billion. As a group, analysts expect that Celestica Inc. will post 1.2600001 EPS for the current fiscal year.

Celestica Inc. (CLS.TO) Company Profile (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 services, including design and development, engineering, supply chain management, new product introduction, component sourcing, engineering, 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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