Celestica (TSE:CLS) Stock Crosses Below 200 Day Moving Average of $16.19

Celestica Inc. (TSE:CLS – Get Rating) (NYSE:CLS) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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.

Wall Street Analyst Weigh In

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

Celestica Trading Down 0.3 %

The firm has a market cap of C$1.57 billion, a PE ratio of 9.33, a PEG ratio of 0.14 and a beta of 2.31. The firm has a fifty day simple moving average of C$15.95 and a two-hundred day simple moving average of 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.

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

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.