Celestica Inc. (TSE:CLS) Senior Officer Mandeep Chawla Sells 9,483 Shares

Celestica Inc. (TSE:CLS) (NYSE:CLS) Senior Officer Mandeep Chawla sold 9,483 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of C$183.66, for a total value of C$1,741,689.20.

Mandeep Chawla also recently made the following trade(s):

• On Monday, December 2nd, Mandeep Chawla sold 9,704 shares of Celestica stock. The stock was sold at an average price of C$119.54, for a total transaction of C$1,160,059.44.

Celestica Stock Performance

CLS opened at C$205.62 on Thursday. The company has a current ratio of 1.47, a quick ratio of 0.54 and a debt-to-equity ratio of 52.78. The business’s 50 day moving average is C$143.39 and its 200-day moving average is C$102.54. The stock has a market cap of C$24.39 billion, a PE ratio of 48.73, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. Celestica Inc. has a twelve month low of C$47.98 and a twelve month high of C$206.57.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. UBS Group upgraded shares of Celestica to a “hold” rating in a research report on Friday, November 22nd. Cibc World Mkts upgraded Celestica from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Barclays raised Celestica to a “strong-buy” rating in a report on Tuesday, November 5th. BMO Capital Markets raised their price target on Celestica from C$72.00 to C$140.00 in a report on Thursday, January 30th. Finally, Cormark upped their price objective on Celestica from C$93.00 to C$137.00 in a research note on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Celestica currently has an average rating of “Buy” and an average price target of C$96.75.

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.