Celestica (TSE:CLS) Stock Passes Below 50-Day Moving Average of $8.97

Celestica Inc (TSE:CLS) (NYSE:CLS)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $8.97 and traded as low as $9.61. Celestica shares last traded at $9.75, with a volume of 60,971 shares traded.

The stock has a market capitalization of $1.24 billion and a price-to-earnings ratio of 8.65. The company’s 50-day moving average is C$8.99 and its 200-day moving average is C$9.83. The company has a quick ratio of 1.02, a current ratio of 1.83 and a debt-to-equity ratio of 57.05.

Celestica (TSE:CLS) (NYSE:CLS) last released its quarterly earnings data on Wednesday, July 24th. The company reported C($0.07) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.22) by C$0.15. The firm had revenue of C$1.93 billion for the quarter, compared to analyst estimates of C$1.95 billion. Sell-side analysts anticipate that Celestica Inc will post 1.2600001 EPS for the current year.

Celestica Company Profile (TSE:CLS)

Celestica Inc provides design, manufacturing, hardware platform, and supply chain solutions in Canada and internationally. It operates through two segments, Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of services, including design and development, engineering, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, 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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