StockNews.com lowered shares of Cheetah Mobile (NYSE:CMCM - Free Report) from a buy rating to a hold rating in a research note published on Wednesday morning.
Cheetah Mobile Trading Up 3.1 %
Shares of NYSE:CMCM traded up $0.16 during trading on Wednesday, reaching $5.15. The stock had a trading volume of 15,126 shares, compared to its average volume of 45,087. Cheetah Mobile has a 52 week low of $2.25 and a 52 week high of $6.78. The stock has a fifty day simple moving average of $4.94 and a two-hundred day simple moving average of $4.64.
Cheetah Mobile (NYSE:CMCM - Get Free Report) last released its quarterly earnings results on Tuesday, December 17th. The software maker reported ($0.20) EPS 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.
Recommended Stories
Before you consider Cheetah Mobile, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cheetah Mobile wasn't on the list.
While Cheetah Mobile currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
