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CLS Crosses Below Key Price/Book Valuation Level

By Market News Video Staff, Monday, June 25, 1:26 PM ET
Now Playing: The Importance of Book Value


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In trading on Monday, shares of Celestica, Inc. (NYSE:CLS) crossed below their last reported book value — defined as common shareholder equity per share — of $6.97, changing hands as low as $6.93 per share. Celestica, Inc. shares are currently trading off about 4.4% on the day. The chart below shows the one year performance of CLS shares, versus its 50 and 200 day moving averages:

Celestica, Inc. Moving Averages Chart

Looking at the chart above, CLS's low point in its 52 week range is $6.79 per share, with $10.34 as the 52 week high point — that compares with a last trade of $6.95.


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According to the ETF Finder at ETF Channel, CLS makes up 2.77% of the First Trust NASDAQ CEA Smartphone Index Fund ETF (NASDAQ:FONE) which is trading lower by about 2.6% on the day Monday.

     See what other ETFs contain CLS »
     See what other stocks are held by FONE »

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This Article's Word Cloud:   According   Below   Book   Celestica   Dave   Dividend   ETFs   FONE   Find   Finder   First   Index   Moenning   Monday   Offer   Portfolio   Special   Trading   Value   about   above   below   book   changing   chart   common   contain   coupon   currently   defined   hands   last   other   performance   point   range   raquo   share   shareholder   shares   slideshow   stocks   trade   trading   value   versus   week   what   with   year
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