Alert: Major Price Advance (12/1/23)-Clarus Corp (NASDAQ: CLAR).


Clarus Corp (NASDAQ: CLAR) stock closed at $6.27 on 12/1/23 after a major increase of 10.2%. Moreover, above average trading volume at 142% of normal accompanied the advance. The stock has risen 20.0% during the last week but has been extremely weak relative to the market over the last nine months.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, CLAR is expected to be Value Creation neutral.

Clarus has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Clarus has a good Appreciation Score of 74 but a very low Power Rating of 5, 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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