Celestica, Inc’s recently made public that its Chief Human Resources Officer Leila Wong acquired Company’s shares for reported $42180.0 on Oct 29 ’24. In the deal valued at $70.30 per share,600 shares were bought.
Then, MIONIS ROBERT bought 150,000 shares, generating $10,449,160 in total proceeds.
Barclays initiated its Celestica, Inc [CLS] rating to an Overweight in a research note published on November 05, 2024; the price target was $91. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in early September from “a Hold” to “a Buy”. Fox Advisors began covering CLS with “an Overweight” recommendation on May 15, 2024. CIBC revised its rating on April 26, 2024. It rated CLS as “a Neutral” which previously was an “a Sector outperform”.
Price Performance Review of CLS
On Tuesday, Celestica, Inc [NYSE:CLS] saw its stock jump 4.58% to $75.63. Over the last five days, the stock has gained 8.10%. Celestica, Inc shares have risen nearly 158.30% since the year began. Nevertheless, the stocks have risen 194.74% over the past one year. While a 52-week high of $73.18 was reached on 11/05/24, a 52-week low of $24.37 was recorded on 01/17/24. SMA at 50 days reached $54.96, while 200 days put it at $49.99.
Levels Of Support And Resistance For CLS Stock
The 24-hour chart illustrates a support level at 73.99, which if violated will result in even more drops to 72.36. On the upside, there is a resistance level at 76.77. A further resistance level may holdings at 77.92. The Relative Strength Index (RSI) on the 14-day chart is 78.23, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.00, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.10%. Stochastics %K at 94.62% indicates the stock is a selling.
How much short interest is there in Celestica, Inc?
A steep rise in short interest was recorded in Celestica, Inc stocks on 2024-10-15, dropping by -0.59 million shares to a total of 2.92 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.51 million shares. There was a decline of -20.16%, which implies that there is a negative sentiment for the stock.
