Stock analysts at StockNews.com started coverage on shares of Cheetah Mobile (NYSE:CMCM – Get Free Report) in a report released on Wednesday. The brokerage set a “hold” rating on the software maker’s stock.
Cheetah Mobile Stock Up 4.2 %
Shares of CMCM stock opened at $6.21 on Wednesday. The stock’s fifty day simple moving average is $4.72 and its 200 day simple moving average is $4.37. 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 issued its earnings results on Friday, September 13th. The software maker reported ($0.55) EPS for the quarter. The firm 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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