Cheetah Mobile (NYSE:CMCM - Get Free Report) posted its earnings results on Wednesday. The software maker reported ($0.95) EPS for the quarter, Zacks reports. The business had revenue of $32.48 million during the quarter.
Cheetah Mobile Price Performance
Shares of NYSE:CMCM traded down $0.48 during trading on Friday, hitting $4.39. 121,997 shares of the company were exchanged, compared to its average volume of 54,337. The firm's 50 day moving average price is $5.06 and its 200-day moving average price is $4.77. Cheetah Mobile has a 12-month low of $2.70 and a 12-month high of $6.78. The stock has a market capitalization of $131.04 million, a P/E ratio of -1.53 and a beta of 1.58.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Cheetah Mobile from a "hold" rating to a "buy" rating in a research report on Sunday.
Check Out Our Latest Stock Analysis on Cheetah Mobile
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.
Read More
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.
