Cheetah Mobile Inc. (NYSE:CMCM - Get Free Report)'s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4.93 and traded as low as $3.28. Cheetah Mobile shares last traded at $3.53, with a volume of 50,809 shares.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Cheetah Mobile from a "hold" rating to a "buy" rating in a report on Sunday, March 30th.
Get Our Latest Report on Cheetah Mobile
Cheetah Mobile Price Performance
The stock has a market capitalization of $111.76 million, a price-to-earnings ratio of -1.31 and a beta of 1.55. The business has a 50 day simple moving average of $4.87 and a 200-day simple moving average of $4.77.
Cheetah Mobile (NYSE:CMCM - Get Free Report) last released its quarterly earnings results on Wednesday, March 26th. The software maker reported ($0.95) earnings per share for the quarter. The firm had revenue of $32.48 million for the quarter.
About Cheetah Mobile
(
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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.
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