Celestica Inc. (TSE:CLS) Director Robert Andrew Mionis Sells 107,986 Shares of Stock

Celestica Inc. (TSE:CLSGet Rating) (NYSE:CLS) Director Robert Andrew Mionis sold 107,986 shares of the company’s stock in a transaction that occurred on Thursday, December 1st. The shares were sold at an average price of C$15.16, for a total value of C$1,637,499.70. Following the completion of the transaction, the director now owns 695,167 shares in the company, valued at C$10,541,512.39.

Celestica Stock Up 2.2 %

TSE:CLS opened at C$15.03 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.43 and a debt-to-equity ratio of 50.49. The stock’s fifty day moving average is C$14.02 and its two-hundred day moving average is C$13.53. Celestica Inc. has a 52 week low of C$11.28 and a 52 week high of C$17.00. The stock has a market capitalization of C$1.84 billion and a price-to-earnings ratio of 10.44.

Wall Street Analyst Weigh In

A number of research analysts recently commented on CLS shares. Royal Bank of Canada upped their price objective on Celestica from C$11.00 to C$12.00 and gave the company a “sector perform” rating in a report on Wednesday, October 26th. Argus restated a “buy” rating and set a C$14.00 price target on shares of Celestica in a research note on Thursday, August 18th.

About Celestica

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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.

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