CLAR Stock Summary and Trading Ideas (Clarus | NASDAQ:CLAR)

Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment, which includes Black Diamond Equipment and PIEPS, is a global leader in designing, manufacturing, and marketing innovative outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a wide range of other year-round outdoor recreation activities. The Adventure segment, which includes Rhino-Rack, MAXTRAX and TRED, is a manufacturer of highly-engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards and accessories in Australia and New Zealand and United States.

Clarus trades on the NASDAQ stock market under the symbol CLAR.

As of January 30, 2025, CLAR stock price climbed to $5.00 with 166,683 million shares trading.

CLAR has a beta of 0.87, meaning it tends to be less sensitive to market movements. CLAR has a correlation of 0.06 to the broad based SPY ETF.

CLAR has a market cap of $191.81 million. This is considered a Micro Cap stock.

Last quarter Clarus reported $67 million in Revenue and $.05 earnings per share. This fell short of revenue expectation by $-6 million and missed earnings estimates by -$.02.

In the last 3 years, CLAR traded as high as $29.32 and as low as $3.89.

The top ETF exchange traded funds that CLAR belongs to (by Net Assets): VTI, IWM, AVUV, VXF, IWN.

CLAR has underperformed the market in the last year with a return of -17.7%, while SPY returned +24.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CLAR shares. However, CLAR has outperformed the market in the last 3 month and 2 week periods, returning +19.6% and +9.4%, while SPY returned +4.7% and +2.3%, respectively. This indicates CLAR has been having a stronger performance recently.

CLAR support price is $4.74 and resistance is $5.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CLAR shares will trade within this expected range on the day.