Celestica (TSE:CLS) Stock Price Passes Below Two Hundred Day Moving Average of $16.19

Shares of Celestica Inc. (TSE:CLS – Get Rating) (NYSE:CLS) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$16.19 and traded as low as C$15.25. Celestica shares last traded at C$15.40, with a volume of 243,344 shares.

Analyst Ratings Changes

Separately, Royal Bank of Canada decreased their target price on shares of Celestica from C$15.00 to C$14.00 and set a “sector perform” rating for the company in a research note on Friday, April 28th.

Celestica Trading Down 0.3 %

The business’s 50 day moving average price is C$15.95 and its 200-day moving average price is C$16.19. The company has a current ratio of 1.43, a quick ratio of 0.54 and a debt-to-equity ratio of 46.83. The company has a market cap of C$1.57 billion, a price-to-earnings ratio of 9.33, a PEG ratio of 0.14 and a beta of 2.31.

Celestica (TSE:CLS – Get Rating) (NYSE:CLS) last released its quarterly earnings results on Monday, March 13th. The company reported C$0.76 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.73 by C$0.03. Celestica had a net margin of 1.97% and a return on equity of 9.38%. The company had revenue of C$2.77 billion during the quarter, compared to the consensus estimate of C$2.67 billion. On average, equities analysts anticipate that Celestica Inc. will post 2.8330275 EPS for the current fiscal year.

Celestica Company Profile

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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.