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Cheetah Mobile (NYSE:CMCM) Shares Pass Below 50 Day Moving Average - Time to Sell?

Cheetah Mobile logo with Computer and Technology background

Cheetah Mobile Inc. (NYSE:CMCM - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $4.91 and traded as low as $4.52. Cheetah Mobile shares last traded at $4.58, with a volume of 7,917 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Cheetah Mobile from a "hold" rating to a "buy" rating in a research note on Thursday, December 19th.

Check Out Our Latest Analysis on CMCM

Cheetah Mobile Trading Up 4.1 %

The company has a 50-day moving average price of $4.89 and a two-hundred day moving average price of $4.35.

Cheetah Mobile (NYSE:CMCM - Get Free Report) last posted its quarterly earnings data on Tuesday, December 17th. The software maker reported ($0.20) earnings per share (EPS) for the quarter.

About Cheetah Mobile

(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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