Equities researchers at StockNews.com initiated coverage on shares of Cheetah Mobile (NYSE:CMCM – Get Free Report) in a note issued to investors on Monday. The firm set a “hold” rating on the software maker’s stock.
Cheetah Mobile Price Performance
CMCM stock opened at $5.21 on Monday. Cheetah Mobile has a 1 year low of $1.87 and a 1 year high of $6.78. The firm has a 50-day moving average of $4.33 and a 200 day moving average of $4.31.
Cheetah Mobile (NYSE:CMCM – Get Free Report) last announced its 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 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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