Cheetah Mobile Inc. (NYSE:CMCM - Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.86 and traded as low as $4.61. Cheetah Mobile shares last traded at $4.72, with a volume of 43,427 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Cheetah Mobile from a "hold" rating to a "buy" rating in a report on Thursday, December 19th.
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Cheetah Mobile Stock Up 3.8 %
The firm's fifty day moving average is $4.88 and its 200 day moving average is $4.33.
Cheetah Mobile (NYSE:CMCM - Get Free Report) last released its earnings results on Tuesday, December 17th. The software maker reported ($0.20) EPS for the quarter.
Cheetah Mobile Company Profile
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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.
Further Reading
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