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

StockNews.com upgraded shares of Cheetah Mobile (NYSE:CMCMFree Report) from a hold rating to a buy rating in a research report report published on Sunday.

Cheetah Mobile Trading Down 9.8 %

Shares of NYSE CMCM opened at $4.39 on Friday. Cheetah Mobile has a 12 month low of $2.70 and a 12 month high of $6.78. The firm has a fifty day simple moving average of $5.06 and a two-hundred day simple moving average of $4.78. The firm has a market capitalization of $131.04 million, a PE ratio of -1.53 and a beta of 1.58.

Cheetah Mobile (NYSE:CMCMGet Free Report) last announced its earnings results on Wednesday, March 26th. The software maker reported ($0.95) EPS for the quarter. The firm had revenue of $32.48 million for the quarter.

Cheetah Mobile Company Profile

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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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