StockNews.com began coverage on shares of Cheetah Mobile (NYSE:CMCM – Free Report) in a research report sent to investors on Friday. The brokerage issued a hold rating on the software maker’s stock.
Cheetah Mobile Price Performance
Shares of CMCM traded up $0.15 during midday trading on Friday, reaching $4.38. 18,771 shares of the stock were exchanged, compared to its average volume of 48,425. The company’s 50 day moving average is $4.06 and its two-hundred day moving average is $4.24. Cheetah Mobile has a 52 week low of $1.66 and a 52 week high of $6.78.
Cheetah Mobile (NYSE:CMCM – Get Free Report) last announced its quarterly earnings results on Friday, September 13th. The software maker reported ($0.55) earnings per share for the quarter. The firm had revenue of $25.79 million for the quarter.
About Cheetah Mobile
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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