Large Inflow of Money Witnessed in Celestica

Celestica (NYSE:CLS) : On Wednesday, The money flowed into the Celestica (NYSE:CLS) stock with an uptick to downtick ratio was recorded at 4.1. Transactions worth $0.19 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.05 million. The total money flow into the stock was $0.15 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.11 million of block transactions on upticks. The total money flow in block trades was $0.11 million. In terms of price action, Celestica (NYSE:CLS) traded down $0.03 during the session at $9.24. Compared to the previous days closing, the stock was down only by -0.32%. For the week, the stock is -5.04%, over previous weeks closing.


Currently the company Insiders own 1% of Celestica shares according to the proxy statements. Institutional Investors own 63.24% of Celestica shares.

The company shares have dropped -20.63% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $13.49 and the one year low was seen on Jan 28, 2016. The 50-Day Moving Average price is $10.32 and the 200 Day Moving Average price is recorded at $10.35. Celestica (NYSE:CLS): The stock opened at $9.31 on Wednesday but the bulls could not build on the opening and the stock topped out at $9.40 for the day. The stock traded down to $9.09 during the day, due to lack of any buying support eventually closed down at $9.13 with a loss of -1.51% for the day. The stock had closed at $9.27 on the previous day. The total traded volume was 366,028 shares.

Celestica Inc. (Celestica) is a provider of supply chain solutions globally to original equipment manufacturers (OEMs) and service providers in the communications, consumer, diversified, servers and storage end markets. The Company offers a range of services to its customers, including design and development, engineering services, 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 Companys products and services serve a range of applications, including servers; networking, wireless and telecommunications equipment; storage systems; optical equipment; aerospace and defense electronics; healthcare products for diagnostic imaging; audiovisual equipment; set top boxes; printer supplies; semiconductor equipment, and a range of industrial and green technology products.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.