StockNews.com Begins Coverage on Cheetah Mobile (NYSE:CMCM)

StockNews.com assumed coverage on shares of Cheetah Mobile (NYSE:CMCMFree Report) in a report issued on Friday morning. The brokerage issued a hold rating on the software maker’s stock.

Cheetah Mobile Price Performance

Shares of NYSE:CMCM opened at $4.38 on Friday. The business has a 50-day simple moving average of $4.06 and a two-hundred day simple moving average of $4.25. Cheetah Mobile has a fifty-two week low of $1.66 and a fifty-two week high of $6.78.

Cheetah Mobile (NYSE:CMCMGet Free Report) last released its quarterly earnings data on Friday, September 13th. The software maker reported ($0.55) earnings per share for the quarter. The firm had revenue of $25.79 million for the quarter.

Cheetah Mobile Company Profile

(Get Free Report)

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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