Cheetah Mobile (NYSE:CMCM) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Cheetah Mobile (NYSE:CMCM) in a report released on Saturday. The firm set a “hold” rating on the software maker’s stock.

Cheetah Mobile Stock Down 7.9 %

Shares of NYSE CMCM opened at $3.72 on Friday. Cheetah Mobile has a 12-month low of $1.64 and a 12-month high of $6.78. The company has a 50-day moving average of $3.67 and a 200 day moving average of $3.91.

Cheetah Mobile Company Profile

Cheetah Mobile Inc along with its subsidiaries, engages in provision of internet services, artificial intelligence, and other services in the People's Republic of China, Hong Kong, Japan, and internationally. The company's internet products include Duba Anti-virus, an internet security application to protect users against known and unknown security threats and malicious applications; and Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices.