Cheetah Mobile (NYSE:CMCM) Downgraded to Hold Rating by StockNews.com

Cheetah Mobile (NYSE:CMCMGet Free Report) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a report released on Saturday.

Cheetah Mobile Stock Down 0.2 %

NYSE CMCM opened at $4.97 on Friday. The company has a fifty day moving average of $5.03 and a two-hundred day moving average of $4.72. Cheetah Mobile has a 52 week low of $2.31 and a 52 week high of $6.78.

Cheetah Mobile (NYSE:CMCMGet Free Report) last posted its quarterly earnings data on Tuesday, December 17th. The software maker reported ($0.20) EPS for the quarter.

About Cheetah Mobile

(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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