Insider Selling: Celestica Inc. (TSE:CLS) Director Sells 60,000 Shares of Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Director Robert Andrew Mionis sold 60,000 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of C$110.13, for a total transaction of C$6,607,522.80.

Robert Andrew Mionis also recently made the following trade(s):

• On Monday, October 28th, Robert Andrew Mionis sold 150,000 shares of Celestica stock. The shares were sold at an average price of C$96.83, for a total value of C$14,524,318.50.

Celestica Price Performance

Celestica stock opened at C$112.93 on Thursday. The company has a fifty day simple moving average of C$75.39 and a 200-day simple moving average of C$73.14. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 52.78. The firm has a market capitalization of C$13.39 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 0.14 and a beta of 2.23. Celestica Inc. has a 52-week low of C$33.57 and a 52-week high of C$113.24.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Barclays upgraded Celestica to a “strong-buy” rating in a research report on Tuesday. TD Securities raised their price target on shares of Celestica from C$55.00 to C$61.00 and gave the company a “buy” rating in a research note on Friday, July 26th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Celestica has an average rating of “Buy” and an average price target of C$44.00.

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.