StockNews.com upgraded shares of Cheetah Mobile (NYSE:CMCM - Free Report) from a hold rating to a buy rating in a report published on Sunday.
Cheetah Mobile Trading Down 0.7 %
Cheetah Mobile stock traded down $0.03 during trading hours on Friday, reaching $4.27. 33,082 shares of the stock were exchanged, compared to its average volume of 53,715. Cheetah Mobile has a twelve month low of $3.01 and a twelve month high of $6.78. The company has a market cap of $127.60 million, a P/E ratio of -1.49 and a beta of 1.55. The stock has a 50 day moving average of $5.05 and a two-hundred day moving average of $4.78.
Cheetah Mobile (NYSE:CMCM - Get Free Report) last posted its quarterly earnings results on Wednesday, March 26th. The software maker reported ($0.95) earnings per share (EPS) for the quarter. The company had revenue of $32.48 million 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.
Further Reading
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
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.