Celestica (TSE:CLS) Hits New 12-Month High – Should You Buy?

Shares of Celestica Inc. (TSE:CLS) (NYSE:CLS) hit a new 52-week high on Monday . The stock traded as high as C$144.78 and last traded at C$142.65, with a volume of 304644 shares trading hands. The stock had previously closed at C$139.95.

Analyst Ratings Changes

A number of research firms recently issued reports on CLS. UBS Group raised Celestica to a “hold” rating in a report on Friday, November 22nd. Barclays upgraded shares of Celestica to a “strong-buy” rating in a report on Tuesday, November 5th.

Celestica Trading Up 4.6 %

The company has a debt-to-equity ratio of 52.78, a quick ratio of 0.54 and a current ratio of 1.47. The firm has a market capitalization of C$17.48 billion, a P/E ratio of 34.93, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. The firm has a 50 day moving average price of C$124.61 and a two-hundred day moving average price of C$91.22.

Insider Activity at Celestica

In other news, Director Michael M. Wilson sold 5,100 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$141.77, for a total value of C$723,030.57. Also, Director Robert Andrew Mionis sold 150,000 shares of Celestica stock in a transaction on Monday, October 28th. The shares were sold at an average price of C$96.83, for a total value of C$14,524,318.50. Insiders sold 244,954 shares of company stock worth $25,363,678 in the last quarter. 1.00% of the stock is owned by company insiders.

About Celestica

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.