Cheetah Mobile (NYSE:CMCM) Coverage Initiated at StockNews.com

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

Cheetah Mobile Trading Down 2.9 %

Shares of NYSE CMCM opened at $4.43 on Friday. The firm’s 50-day moving average price is $4.18 and its 200-day moving average price is $4.28. Cheetah Mobile has a 1-year low of $1.80 and a 1-year high of $6.78.

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

About Cheetah Mobile

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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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