Investment analysts at StockNews.com assumed coverage on shares of Cheetah Mobile (NYSE:CMCM – Get Free Report) in a report issued on Monday. The brokerage set a “hold” rating on the software maker’s stock.
Cheetah Mobile Stock Performance
Shares of CMCM opened at $4.06 on Monday. Cheetah Mobile has a 12 month low of $1.64 and a 12 month high of $6.78. The firm has a fifty day simple moving average of $3.64 and a 200 day simple moving average of $4.03.
Cheetah Mobile (NYSE:CMCM – Get Free Report) last announced its earnings results on Friday, September 13th. The software maker reported ($0.55) EPS for the quarter. The company had revenue of $25.79 million for the quarter.
About Cheetah Mobile
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.
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