StockNews.com initiated coverage on shares of Cheetah Mobile (NYSE:CMCM – Free Report) in a report published on Wednesday morning. The firm issued a hold rating on the software maker’s stock.
Cheetah Mobile Stock Performance
Cheetah Mobile stock opened at $6.33 on Wednesday. The firm has a 50-day moving average of $4.81 and a 200-day moving average of $4.40. 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 posted 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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