Stock News Summary: Clarus Corporation (NASDAQ: CLAR)

Clarus Corporation (NASDAQ: CLAR) stock observed trading -6.16% off 52-week high price. On the other end, the stock has been noted 68.19% away from low price over the last 52-weeks. The stock disclosed a move of 2.71% away from 50 day moving average and 18.12% away from 200 day moving average. Moving closer, we can see that shares have been trading -1.31% off 20-day moving average. It has market cap of $419.43M and dividend yield of 0.71%.

On July 26, 2019, Clarus Corporation (NASDAQ: CLAR) a company focused on the outdoor and consumer industries, seeking opportunities to acquire and grow businesses that can generate attractive shareholder returns, announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share.

The cash dividend will be paid on August 16, 2019, to all stockholders of record as of August 5, 2019.

About Clarus Corporation

Clarus Corporation is focused on the outdoor and consumer industries, seeking opportunities to acquire and grow businesses that can generate attractive shareholder returns. The Company has substantial net operating tax loss carryforwards which it is seeking to redeploy to maximize shareholder value. Clarus’ primary business is as a leading developer, manufacturer and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, and sport markets. The Company’s products are principally sold under the Black Diamond®, Sierra®, PIEPS®, and SKINourishment® brand names through specialty and online retailers, distributors and original equipment manufacturers throughout the U.S. and internationally.

The USA based company Clarus Corporation moved with change of 1.00% to $14.17 with the total traded volume of 80245 shares in recent session versus to an average volume of 163.25K. The stock was observed in the 5 days activity at -2.34%. The one month performance of stock was 1.94%. CLAR’s shares are at 4.42% for the quarter and driving a 61.02% return over the course of the past year and is now at 40.02% since this point in 2018.  Right now the stock beta is 1.25. The average volatility for the week and month was at 2.73% and 2.84% respectively. There are 29.6M shares outstanding and 22.06M shares are floated in market.

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