Cheetah Mobile (NYSE:CMCM) Raised to Buy at StockNews.com

StockNews.com upgraded shares of Cheetah Mobile (NYSE:CMCMFree Report) from a hold rating to a buy rating in a research report sent to investors on Sunday.

Cheetah Mobile Price Performance

Shares of Cheetah Mobile stock opened at $4.32 on Friday. The stock has a market capitalization of $128.95 million, a P/E ratio of -1.51 and a beta of 1.58. Cheetah Mobile has a one year low of $2.81 and a one year high of $6.78. The business’s 50 day simple moving average is $5.06 and its two-hundred day simple moving average is $4.78.

Cheetah Mobile (NYSE:CMCMGet Free Report) last announced its quarterly earnings results on Wednesday, March 26th. The software maker reported ($0.95) earnings per share for the quarter. The business had revenue of $32.48 million for the quarter.

Cheetah Mobile Company Profile

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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.

Further Reading

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