Cheetah Mobile (NYSE:CMCM – Get Free Report) issued its quarterly earnings results on Wednesday. The software maker reported ($0.95) earnings per share for the quarter, Zacks reports. The firm had revenue of $32.48 million for the quarter.
Cheetah Mobile Stock Performance
Shares of NYSE CMCM opened at $4.90 on Friday. The business’s 50 day moving average is $5.07 and its 200-day moving average is $4.75. Cheetah Mobile has a 1-year low of $2.63 and a 1-year high of $6.78.
Analyst Ratings Changes
Separately, StockNews.com cut shares of Cheetah Mobile from a “buy” rating to a “hold” rating in a research note on Saturday, March 22nd.
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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