Stock analysts at StockNews.com initiated coverage on shares of Cheetah Mobile (NYSE:CMCM - Get Free Report) in a research report issued to clients and investors on Tuesday. The brokerage set a "hold" rating on the software maker's stock.
Cheetah Mobile Stock Performance
CMCM stock traded down $0.37 during midday trading on Tuesday, reaching $5.60. The company's stock had a trading volume of 34,946 shares, compared to its average volume of 47,494. Cheetah Mobile has a 1 year low of $1.92 and a 1 year high of $6.78. The stock has a fifty day simple moving average of $4.51 and a two-hundred day simple moving average of $4.36.
Cheetah Mobile (NYSE:CMCM - Get Free Report) last announced its quarterly earnings data 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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