Cheetah Mobile Inc (CMCM) Trading 5.4% Higher
Shares of Cheetah Mobile Inc (NASDAQ:CMCM) traded up 5.4% during trading on Thursday . The stock traded as high as $12.60 and last traded at $12.59, with a volume of 712,680 shares traded. The stock had previously closed at $11.95.
Several analysts have commented on the stock. Zacks Investment Research raised shares of Cheetah Mobile from a “sell” rating to a “hold” rating in a research note on Monday, July 25th. TheStreet cut shares of Cheetah Mobile from a “hold” rating to a “sell” rating in a research note on Thursday, June 16th.
The stock has a market capitalization of $1.85 billion and a PE ratio of 77.54. The company has a 50 day moving average of $10.29 and a 200-day moving average of $13.33.
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.
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