Clarus Corporation (NASDAQ:CLAR) went down by -6.05% from its latest closing price compared to the recent 1-year high of $31.19. The company’s stock price has collected -16.03% of loss in the last five trading sessions.
Is It Worth Investing in Clarus Corporation (NASDAQ :CLAR) Right Now?
Clarus Corporation (NASDAQ:CLAR) scored a price-to-earnings ratio above its average ratio, recording 18.44 x from its present earnings ratio. Plus, the 36-month beta value for CLAR is at 1.04.
CLAR currently public float of 25.05M and currently shorts hold a 35.46% ratio of that float. Today, the average trading volume of CLAR was 2.40M shares.
CLAR’s Market Performance
CLAR stocks went down by -16.03% for the week, with a monthly drop of -53.53% and a quarterly performance of -30.96%, while its annual performance rate touched -51.69%. The volatility ratio for the week stands at 4.84% while the volatility levels for the past 30 days are set at 8.48% for Clarus Corporation. The simple moving average for the period of the last 20 days is -29.45% for CLAR stocks with a simple moving average of -41.77% for the last 200 days.
Analysts’ Opinion of CLAR
BofA Securities, on the other hand, stated in their research note that they expect to see CLAR reach a price target of $35. The rating they have provided for CLAR stocks is “Buy” according to the report published on December 21st, 2021.
Exane BNP Paribas gave a rating of “Outperform” to CLAR, setting the target price at $33 in the report published on December 15th of the previous year.
CLAR Trading at -37.44% from the 50-Day Moving Average
After a stumble in the market that brought CLAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.68% of loss for the given period.
Volatility was left at 8.48%, however, over the last 30 days, the volatility rate increased by 4.84%, as shares sank -53.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.15% lower at present.
During the last 5 trading sessions, CLAR fell by -16.03%, which changed the moving average for the period of 200-days by -52.06% in comparison to the 20-day moving average, which settled at $17.52. In addition, Clarus Corporation saw -53.50% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at CLAR starting from HOUSE DONALD, who sale 10,000 shares at the price of $28.24 back on Aug 23. After this action, HOUSE DONALD now owns 150,000 shares of Clarus Corporation, valued at $282,394 using the latest closing price.
SOKOLOW NICOLAS, the Director of Clarus Corporation, sale 15,000 shares at $28.53 during a trade that took place back on Aug 18, which means that SOKOLOW NICOLAS is holding 80,448 shares at $427,926 based on the most recent closing price.
Stock Fundamentals for CLAR
Equity return is now at value 7.90, with 4.40 for asset returns.