Stock analysts at StockNews.com began coverage on shares of Cheetah Mobile (NYSE:CMCM – Get Free Report) in a research report issued to clients and investors on Wednesday. The brokerage set a “hold” rating on the software maker’s stock.
Cheetah Mobile Stock Performance
Shares of NYSE CMCM opened at $6.31 on Wednesday. The business’s 50-day moving average price is $4.78 and its two-hundred day moving average price is $4.39. Cheetah Mobile has a one year low of $1.99 and a one year high of $6.78.
Cheetah Mobile (NYSE:CMCM – Get Free Report) last announced its quarterly earnings results on Friday, September 13th. The software maker reported ($0.55) earnings per share for the quarter. The business had revenue of $25.79 million during 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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