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StockNews.com Initiates Coverage on Cheetah Mobile (NYSE:CMCM)

Cheetah Mobile logo with Computer and Technology background

StockNews.com initiated coverage on shares of Cheetah Mobile (NYSE:CMCM - Free Report) in a research report sent to investors on Sunday morning. The firm issued a hold rating on the software maker's stock.

Cheetah Mobile Trading Down 1.2 %

Shares of CMCM traded down $0.05 during midday trading on Friday, hitting $4.17. The company's stock had a trading volume of 13,533 shares, compared to its average volume of 33,409. Cheetah Mobile has a one year low of $1.87 and a one year high of $6.78. The company's fifty day simple moving average is $4.22 and its two-hundred day simple moving average is $4.28.

Cheetah Mobile (NYSE:CMCM - Get Free Report) last posted its earnings results on Friday, September 13th. The software maker reported ($0.55) earnings per share for the quarter. The business had revenue of $25.79 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.

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