Cheetah Mobile (NYSE:CMCM) Downgraded to Hold Rating by StockNews.com

Cheetah Mobile (NYSE:CMCMGet Free Report) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Cheetah Mobile Price Performance

CMCM opened at $4.97 on Friday. The company’s 50 day moving average is $5.03 and its 200 day moving average is $4.72. Cheetah Mobile has a 12-month low of $2.31 and a 12-month high of $6.78.

Cheetah Mobile (NYSE:CMCMGet Free Report) last posted its quarterly earnings data on Tuesday, December 17th. The software maker reported ($0.20) earnings per share (EPS) for the quarter.

About Cheetah Mobile

(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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