StockNews.com Begins Coverage on Cheetah Mobile (NYSE:CMCM)

Equities researchers at StockNews.com started coverage on shares of Cheetah Mobile (NYSE:CMCMGet Free Report) in a report released on Tuesday. The firm set a “hold” rating on the software maker’s stock.

Cheetah Mobile Stock Down 2.0 %

Shares of NYSE CMCM opened at $5.53 on Tuesday. Cheetah Mobile has a 12-month low of $1.99 and a 12-month high of $6.78. The firm’s 50-day moving average is $4.58 and its two-hundred day moving average is $4.37.

Cheetah Mobile (NYSE:CMCMGet Free Report) last announced 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.

Cheetah Mobile Company Profile

(Get Free Report)

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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