Cheetah Mobile Inc. (NYSE:CMCM – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.93 and traded as high as $5.28. Cheetah Mobile shares last traded at $5.15, with a volume of 15,126 shares traded.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Cheetah Mobile from a “buy” rating to a “hold” rating in a research note on Wednesday.
Get Our Latest Research Report on CMCM
Cheetah Mobile Price Performance
Cheetah Mobile (NYSE:CMCM – Get Free Report) last announced its quarterly earnings results on Tuesday, December 17th. The software maker reported ($0.20) earnings per share 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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