Cheetah Mobile (NYSE:CMCM) Downgraded by StockNews.com to “Hold”

StockNews.com lowered shares of Cheetah Mobile (NYSE:CMCM) from a buy rating to a hold rating in a research note released on Saturday morning.

Cheetah Mobile Price Performance

Shares of CMCM opened at $4.97 on Friday. The firm has a fifty day moving average of $5.03 and a 200-day moving average of $4.73. Cheetah Mobile has a 1 year low of $2.31 and a 1 year high of $6.78.

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.