StockNews.com initiated coverage on shares of Cheetah Mobile (NYSE:CMCM – Free Report) in a research note issued to investors on Sunday. The brokerage issued a hold rating on the software maker’s stock.
Cheetah Mobile Trading Up 8.8 %
NYSE CMCM opened at $4.68 on Friday. The stock has a 50 day simple moving average of $4.25 and a two-hundred day simple moving average of $4.29. Cheetah Mobile has a fifty-two week low of $1.87 and a fifty-two week high of $6.78.
Cheetah Mobile (NYSE:CMCM – Get Free Report) last released its quarterly earnings results on Friday, September 13th. The software maker reported ($0.55) earnings per share for the quarter. The company had revenue of $25.79 million during the quarter.
Cheetah Mobile Company Profile
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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