Celestica Inc (NYSE:CLS) Sellers Strengthened By 156.4% Their Shorts As Of Apr 16, 2018

April 16, 2018 - By Nellie Deboer

Celestica Inc. (NYSE:CLS) Corporate Logo

Celestica Inc (NYSE:CLS) had an increase of its short interest by 156.4%. It was announced in April by FINRA the 1.82M short interest on CLS. Previously was reported up change of 156.4% from 711,500 shares. 1 days will cost CLS With 1.63M average volume to recover its former position. Celestica Inc float short is 1.48%.

On during the last trading session the stock increased $0.05 or 0.49%, reaching $10.32.Currently Celestica Inc. is downtrending after 26.94% change in last April 16, 2017. CLS has 55,521 shares volume. CLS underperformed the S&P 500 by 38.49%.

Celestica Inc. provides supply chain solutions in Canada and internationally.The firm is valued at $1.41 billion. The firm 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, and after-market repair and return services.The P/E ratio is 14.33. The Company’s services and products are used in various applications, such as servers, networking and telecommunications equipment, storage systems, optical equipment, aerospace and defense electronics, healthcare products and applications, semiconductor equipment, and industrial and alternative energy products.

Celestica Inc. (NYSE:CLS) Ratings Coverage

In total 6 analysts cover Celestica (NYSE:CLS). “Buy” rating has 1, “Sell” are 0, while 5 are “Hold”. 17% are bullish. 10 are the (NYSE:CLS)’s analyst reports since October 19, 2017 according to StockzIntelligence Inc. On Thursday, January 25 Canaccord Genuity maintained Celestica Inc. (NYSE:CLS) rating. Canaccord Genuity has “Buy” rating and $13.0 target. On Friday, October 27 the firm has “Hold” rating given by TD Securities. The stock rating was maintained by BMO Capital Markets with “Hold” on Wednesday, January 24. On Wednesday, January 24 the firm has “Hold” rating by RBC Capital Markets given. On Wednesday, January 24 Stifel Nicolaus maintained the shares of CLS in report with “Hold” rating. On Friday, October 27 the firm has “Hold” rating by BMO Capital Markets given. On Thursday, January 25 the stock of Celestica Inc. (NYSE:CLS) earned “Hold” rating by Scotia Capital. On Thursday, October 19 the stock of Celestica Inc. (NYSE:CLS) has “Hold” rating given by TD Securities. The company rating was maintained by Canaccord Genuity on Thursday, October 26. On Friday, October 27 the rating was maintained by RBC Capital Markets with “Hold”.

Celestica Inc. (NYSE:CLS) Analyst Ratings Chart

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