Black Diamond (CLAR) Receiving Somewhat Positive News Coverage, Analysis Finds
Press coverage about Black Diamond (NASDAQ:CLAR) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Black Diamond earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.0154119654147 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- All-LPL M&A deal yields one $875-million firm in which Black Diamond, Schwab and Vanguard are named factors (riabiz.com)
- Merrill likely next big firm to dump broker recruiting protocol (investmentnews.com)
- ETFs with exposure to Clarus Corp. : November 27, 2017 (finance.yahoo.com)
- Black Diamond, Inc. (CLAR) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
Several equities analysts have commented on CLAR shares. Zacks Investment Research downgraded Black Diamond from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. Roth Capital set a $7.00 target price on Black Diamond and gave the stock a “hold” rating in a report on Tuesday, August 8th. Finally, Stifel Nicolaus upped their target price on Black Diamond from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Tuesday, November 7th.
In related news, insider Aaron Kuehne acquired 5,923 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was purchased at an average cost of $7.21 per share, for a total transaction of $42,704.83. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Nicolas Sokolow purchased 5,076 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was acquired at an average price of $7.26 per share, with a total value of $36,851.76. The disclosure for this purchase can be found here. Corporate insiders own 46.80% of the company’s stock.
TRADEMARK VIOLATION NOTICE: “Black Diamond (CLAR) Receiving Somewhat Positive News Coverage, Analysis Finds” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another website, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2017/12/02/black-diamond-clar-receiving-somewhat-positive-news-coverage-analysis-finds.html.
Black Diamond Company Profile
Clarus Corporation, formerly Black Diamond, Inc, through its ownership of Black Diamond Equipment, Ltd., is engaged in designing, manufacturing and marketing of active outdoor performance equipment and apparel for climbing, mountaineering, backpacking, skiing and a range of other year-round outdoor recreation activities.
Receive News & Stock Ratings for Black Diamond Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Diamond Inc. and related stocks with our FREE daily email newsletter.