Shares of CLS traded higher by 0.49% or $0.04/share to $8.16. Celestica Inc. is trading at a price to book ratio of 1.27. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.85 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.25. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 727817 shares of CLS exchange hands on a given day and today's volume is recorded at 389739. 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) is a provider of electronics manufacturing services and solutions to original equipment manufacturers (OEMs) across many industries.
