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After finishing at $4.50 in the prior trading day, Clarus Corp (NASDAQ: CLAR) closed at $4.32, down -4.00%. In other words, the price has decreased by -$4.00 from its previous closing price. On the day, 0.7 million shares were traded. CLAR stock price reached its highest trading level at $4.535 during the session, while it also had its lowest trading level at $4.16.
Ratios:
Our goal is to gain a better understanding of CLAR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.96 and its Current Ratio is at 5.74. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
On January 04, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $13 to $7.
On June 29, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $12.B. Riley Securities initiated its Buy rating on June 29, 2023, with a $12 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 11 ’24 when KANDERS WARREN B bought 18,400 shares for $4.31 per share. The transaction valued at 79,249 led to the insider holds 4,143,927 shares of the business.
KANDERS WARREN B bought 200,000 shares of CLAR for $838,680 on Sep 06 ’24. The Executive Chairman now owns 4,045,527 shares after completing the transaction at $4.19 per share. On Sep 10 ’24, another insider, KANDERS WARREN B, who serves as the Executive Chairman of the company, bought 50,000 shares for $4.00 each. As a result, the insider paid 199,995 and bolstered with 4,125,527 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLAR now has a Market Capitalization of 165724704 and an Enterprise Value of 134200536. As of this moment, Clarus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 0.473 whereas that against EBITDA is -28.836.
Stock Price History:
Over the past 52 weeks, CLAR has reached a high of $7.55, while it has fallen to a 52-week low of $3.89. The 50-Day Moving Average of the stock is -8.61%, while the 200-Day Moving Average is calculated to be -27.46%.
Shares Statistics:
The stock has traded on average 377.26K shares per day over the past 3-months and 320030 shares per day over the last 10 days, according to various share statistics. A total of 38.15M shares are outstanding, with a floating share count of 29.18M. Insiders hold about 23.93% of the company’s shares, while institutions hold 71.32% stake in the company. Shares short for CLAR as of 1726185600 were 1403286 with a Short Ratio of 3.72, compared to 1723680000 on 1506706. Therefore, it implies a Short% of Shares Outstanding of 1403286 and a Short% of Float of 6.1100002.
Dividends & Splits
In the trailing 12 months, CLAR’s forward annual dividend rate was 0.1, compared to 0.10 this year. Against a Trailing Annual Dividend Yield of 0.022222223The stock’s 5-year Average Dividend Yield is 0.88.
