Clarus Corp (NASDAQ: CLAR) stock closed at $4.97 on 8/2/24 after a major decline of -13.9%. Moreover, trading volume in this decline was exceptionally high at 540% of normal. The stock has declined -17.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CLAR is expected to continue to be a Value Builder.
Clarus has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Clarus has a slightly positive Appreciation Score of 60 and a neutral Power Rating of 44, and the Neutral Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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