Alert: Major Price Advance (12/9/24)-Clarus Corp (NASDAQ: CLAR).

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Clarus Corp (NASDAQ: CLAR) stock enjoyed a major increase of 10.4% on 12/9/24. The shares closed at $5.18. Moreover, trading volume in this advance was unusually high at 180% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 14.1% during the last week.

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Current PriceTarget Research Rating

Clarus has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Clarus has a slightly positive Appreciation Score of 62 but a very low Power Rating of 10, producing the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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