Cheetah Mobile (NYSE:CMCM – Get Free Report) posted its quarterly earnings results on Wednesday. The software maker reported ($0.95) earnings per share for the quarter, Zacks reports.
Cheetah Mobile Price Performance
Cheetah Mobile stock opened at $4.90 on Wednesday. The company’s 50 day simple moving average is $5.05 and its 200 day simple moving average is $4.75. Cheetah Mobile has a fifty-two week low of $2.37 and a fifty-two week high of $6.78.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Cheetah Mobile from a “buy” rating to a “hold” rating in a research note on Saturday.
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.
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