Cheetah Mobile (NYSE:CMCM – Get Free Report) issued its quarterly earnings results on Tuesday. The software maker reported ($0.20) earnings per share (EPS) for the quarter, Zacks reports.
Cheetah Mobile Stock Down 4.4 %
NYSE CMCM opened at $4.56 on Thursday. Cheetah Mobile has a one year low of $1.99 and a one year high of $6.78. The business has a 50 day simple moving average of $4.82 and a 200 day simple moving average of $4.37.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Cheetah Mobile from a “hold” rating to a “buy” rating in a report on Thursday.
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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