Clarus Corporation (NASDAQ:CLAR) traded today at a new 52-week high of $17.78. Approximately 311,000 shares have changed hands today, as compared to an average 30-day volume of 152,000 shares.
Clarus Corporation (NASDAQ:CLAR) has potential upside of 70.1% based on a current price of $17.72 and analysts’ consensus price target of $30.13.
Clarus Corp engages in design, manufacture, and marketing of outdoor equipment, and apparel for climbing, mountaineering, backpacking, skiing; and other outdoor recreation activities. The company’s products are principally sold under the Black Diamond, Sierra and PIEPS names through specialty and online retailers, distributors and original equipment manufacturers throughout the U.S. and internationally. The operating segments of the company are Black Diamond, which is the core revenue generator, and Sierra. Black Diamond segment offers products including high performance activity-based apparel; rock-climbing footwear and equipment; technical backpacks and high-end day packs; trekking poles; headlamps and lanterns; gloves and mittens; and skincare and other sport-enhancing products.
In the past 52 weeks, shares of Clarus Corporation have traded between a low of $7.88 and a high of $17.78 and is now at $17.72, which is 125% above that low price.
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