Cheetah Mobile (NYSE:CMCM) Rating Lowered to “Hold” at StockNews.com

Cheetah Mobile (NYSE:CMCM) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

Cheetah Mobile Stock Performance

CMCM stock opened at $4.97 on Friday. The company has a 50-day moving average of $5.03 and a two-hundred day moving average of $4.73. Cheetah Mobile has a 52-week low of $2.31 and a 52-week high of $6.78.

Cheetah Mobile Company Profile

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.