StockNews.com started coverage on shares of Cheetah Mobile (NYSE:CMCM - Free Report) in a research report sent to investors on Wednesday morning. The brokerage issued a hold rating on the software maker's stock.
Cheetah Mobile Stock Performance
Shares of CMCM stock traded down $0.08 during mid-day trading on Wednesday, reaching $6.13. The company's stock had a trading volume of 28,904 shares, compared to its average volume of 48,292. The company's 50 day simple moving average is $4.75 and its 200-day simple moving average is $4.38. Cheetah Mobile has a 12-month low of $1.99 and a 12-month 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 company had revenue of $25.79 million for the quarter.
About Cheetah Mobile
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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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