Cheetah Mobile (NYSE:CMCM - Get Free Report) was downgraded by StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday.
Cheetah Mobile Stock Down 2.6 %
Shares of Cheetah Mobile stock traded down $0.13 during midday trading on Friday, reaching $4.90. 28,898 shares of the company's stock traded hands, compared to its average volume of 55,086. Cheetah Mobile has a 52 week low of $2.31 and a 52 week high of $6.78. The company's 50 day simple moving average is $5.04 and its 200 day simple moving average is $4.74.
Cheetah Mobile Company Profile
(
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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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