Cheetah Mobile (NYSE:CMCM – Get Free Report) issued its quarterly earnings results on Tuesday. The software maker reported ($0.20) earnings per share for the quarter, Zacks reports.
Cheetah Mobile Stock Performance
Shares of Cheetah Mobile stock opened at $4.80 on Wednesday. The stock’s fifty day moving average price is $4.82 and its 200-day moving average price is $4.38. Cheetah Mobile has a 12 month low of $1.99 and a 12 month high of $6.78.
Analysts Set New Price Targets
Separately, StockNews.com initiated coverage on Cheetah Mobile in a research report on Wednesday, December 11th. They set a “hold” rating for the company.
Cheetah Mobile Company Profile
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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