Cheetah Mobile Inc (CMCM) Stock Price Up 5.4%
Cheetah Mobile Inc (NASDAQ:CMCM) rose 5.4% during trading on Thursday . The company traded as high as $12.60 and last traded at $12.59, with a volume of 712,680 shares trading hands. The stock had previously closed at $11.95.
CMCM has been the subject of a number of research reports. TheStreet cut shares of Cheetah Mobile from a “hold” rating to a “sell” rating in a report on Thursday, June 16th. Zacks Investment Research raised shares of Cheetah Mobile from a “sell” rating to a “hold” rating in a report on Monday, June 20th.
The firm has a market capitalization of $1.74 billion and a price-to-earnings ratio of 73.27. The company’s 50 day moving average price is $10.10 and its 200 day moving average price is $13.34.
Cheetah Mobile Inc is a provider of online marketing services, Internet value-added services and Internet security services and others in the People’s Republic of China (the PRC). The Company operates a platform that offers mobile and Personal Computer (PC) applications for its users and global content distribution channels for its customers, both of which are powered by its cloud-based data analytics engines.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.