StockNews.com began coverage on shares of Cheetah Mobile (NYSE:CMCM - Free Report) in a research report sent to investors on Monday. The firm issued a hold rating on the software maker's stock.
Cheetah Mobile Stock Performance
Shares of NYSE:CMCM traded up $0.60 during midday trading on Monday, reaching $5.15. The company's stock had a trading volume of 86,037 shares, compared to its average volume of 46,851. Cheetah Mobile has a fifty-two week low of $1.87 and a fifty-two week high of $6.78. The business's fifty day simple moving average is $4.30 and its 200-day simple moving average is $4.30.
Cheetah Mobile (NYSE:CMCM - Get Free Report) last posted its quarterly earnings results on Friday, September 13th. The software maker reported ($0.55) earnings per share (EPS) for the quarter. The company had revenue of $25.79 million during 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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