On 11/8/23, Clarus Corp (NASDAQ: CLAR) stock suffered a major decline of -11.7%, closing at $5.12. Relative to the market the stock has been weak over the last nine months and has declined -11.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CLAR is expected to continue to be a modest Value Builder.
Clarus has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Clarus has a very high Appreciation Score of 88 but a poor Power Rating of 15, with the Neutral Value Trend Rating the result.
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.
Be the first to comment