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CLS’s Market Fluctuations: Is Now the Right Time to Invest?

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 3.19% this year. Over the last six months, there has been a weaker performance of 4.03%. The price of CLS leaped by -1.11% during the last 30 days period. For the last 5-days stocks have improved 2.02%.

Celestica Inc. (CLS) has a current stock price of $11.63. During the previous trading session, the stock witnessed a notable rise, reaching a high of $11.66 after opening at $11.23. The stock’s low for the day was $11.23, and it eventually closed at $11.20.

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In terms of market performance, Celestica Inc. had a somewhat regular. The highest value for the stock in the past year was $14.28 on 01/26/23, while the lowest value was $8.21 on 09/26/22.

52-week price history of CLS Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Celestica Inc.’s current trading price is -18.56% away from its 52-week high, while its distance from the 52-week low is 41.66%. The stock’s price range for this period has been between $8.21 and $14.28. The Technology sector company’s shares saw a trading volume of about 0.51 million for the day, which was higher than the average daily volume of 0.48 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Celestica Inc. (CLS) has experienced a quarterly decline of -11.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.41B and boasts a workforce of 26324 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 12.33, with a change in price of +0.36. Similarly, Celestica Inc. recorded 484,485 in trading volume during the last 100 days, posting a change of +3.19%.

CLS’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for CLS stands at 0.47. Similarly, the long-term debt-to-equity ratio is also 0.44.

CLS Stock Stochastic Average

As of today, the raw stochastic average of Celestica Inc. over the last 50 days is at 45.11%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 97.41%. Further, the company’s Stochastic %K and %D values for the last 20 days were 65.39% and 58.05%, respectively.

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