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Monday, June 20, 2011

Undervalued Stock Detected (NYSE: CLS)

Shares of CLS fell by 1.97% or $-0.16/share to $7.98. Celestica Inc. is trading at a price to book ratio of 1.32. The PEG is 0.81 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.26. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 546738 shares of CLS exchange hands on a given day and today's volume is recorded at 109395. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Celestica Inc. (Celestica) offers a range of electronics manufacturing services and solutions to original equipment manufacturers (OEMs) across many industries.