StockNews.com cut shares of Cheetah Mobile (NYSE:CMCM – Free Report) from a buy rating to a hold rating in a research note issued to investors on Wednesday.
Cheetah Mobile Stock Up 3.5 %
Cheetah Mobile stock opened at $5.11 on Wednesday. Cheetah Mobile has a 52 week low of $2.25 and a 52 week high of $6.78. The company has a 50 day moving average price of $4.92 and a 200 day moving average price of $4.61.
Cheetah Mobile (NYSE:CMCM – Get Free Report) last announced its quarterly earnings data on Tuesday, December 17th. The software maker reported ($0.20) earnings per share (EPS) 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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