StockNews.com initiated coverage on shares of Cheetah Mobile (NYSE:CMCM – Free Report) in a research note issued to investors on Monday. The firm issued a hold rating on the software maker’s stock.
Cheetah Mobile Stock Performance
Shares of Cheetah Mobile stock opened at $5.15 on Monday. The business has a 50 day moving average price of $4.30 and a 200 day moving average price of $4.30. Cheetah Mobile has a 1 year low of $1.87 and a 1 year 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 (EPS) 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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