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

StockNews.com began coverage on shares of Cheetah Mobile (NYSE:CMCMFree Report) in a research note issued to investors on Monday. The firm issued a hold rating on the software maker’s stock.

Cheetah Mobile Price Performance

Shares of CMCM stock opened at $5.17 on Monday. Cheetah Mobile has a 12-month low of $1.87 and a 12-month high of $6.78. The firm has a 50-day moving average price of $4.39 and a 200 day moving average price of $4.33.

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