Cheetah Mobile (NYSE:CMCM – Get Free Report) released its quarterly earnings results on Wednesday. The software maker reported ($0.95) earnings per share (EPS) for the quarter, Zacks reports.
Cheetah Mobile Stock Up 1.9 %
Shares of NYSE:CMCM traded up $0.09 during trading on Wednesday, hitting $4.99. 17,445 shares of the company were exchanged, compared to its average volume of 54,872. Cheetah Mobile has a fifty-two week low of $2.37 and a fifty-two week high of $6.78. The firm has a fifty day moving average price of $5.05 and a two-hundred day moving average price of $4.75.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of Cheetah Mobile from a “buy” rating to a “hold” rating in a research report on Saturday.
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.
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