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

Cheetah Mobile (NYSE:CMCMGet Free Report) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Sunday.

Cheetah Mobile Stock Down 2.1 %

Shares of NYSE:CMCM opened at $4.29 on Friday. The firm has a 50-day simple moving average of $5.06 and a 200 day simple moving average of $4.78. The company has a market cap of $128.20 million, a PE ratio of -1.50 and a beta of 1.58. Cheetah Mobile has a fifty-two week low of $2.70 and a fifty-two week high of $6.78.

Cheetah Mobile (NYSE:CMCMGet Free Report) last announced its 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 during the quarter.

About Cheetah Mobile

(Get Free Report)

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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