Cheetah Mobile (NYSE:CMCM – Get Free Report) released its quarterly earnings results on Wednesday. The software maker reported ($0.95) EPS for the quarter, Zacks reports.
Cheetah Mobile Stock Down 2.6 %
Shares of NYSE CMCM opened at $4.90 on Wednesday. The company has a fifty day moving average price of $5.05 and a 200 day moving average price of $4.75. Cheetah Mobile has a 1-year low of $2.37 and a 1-year high of $6.78.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of Cheetah Mobile from a “buy” rating to a “hold” rating in a report 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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