Cheetah Mobile (NYSE:CMCM) Downgraded by StockNews.com to "Hold"

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

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.