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

Equities researchers at StockNews.com began coverage on shares of Cheetah Mobile (NYSE:CMCMGet Free Report) in a research report issued on Sunday. The brokerage set a “hold” rating on the software maker’s stock.

Cheetah Mobile Price Performance

Shares of Cheetah Mobile stock opened at $3.72 on Friday. Cheetah Mobile has a 1 year low of $1.64 and a 1 year high of $6.78. The firm has a fifty day moving average price of $3.63 and a 200 day moving average price of $3.97.

Cheetah Mobile (NYSE:CMCMGet Free Report) last posted 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 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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