StockNews.com Begins Coverage on Cheetah Mobile (NYSE:CMCM)

StockNews.com assumed coverage on shares of Cheetah Mobile (NYSE:CMCMFree Report) in a report published on Sunday. The firm issued a hold rating on the software maker’s stock.

Cheetah Mobile Stock Up 8.8 %

NYSE CMCM opened at $4.68 on Friday. The business has a 50-day moving average price of $4.25 and a 200-day moving average price of $4.29. Cheetah Mobile has a twelve month low of $1.87 and a twelve month high of $6.78.

Cheetah Mobile (NYSE:CMCMGet Free Report) last released its earnings results on Friday, September 13th. The software maker reported ($0.55) EPS for the quarter. The firm had revenue of $25.79 million for the quarter.

Cheetah Mobile Company Profile

(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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