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 Trading Up 1.9 %
Shares of NYSE CMCM traded up $0.09 during midday trading on Wednesday, reaching $4.99. 17,445 shares of the stock were exchanged, compared to its average volume of 54,872. Cheetah Mobile has a 12 month low of $2.37 and a 12 month high of $6.78. The business has a 50-day simple moving average of $5.05 and a two-hundred day simple moving average of $4.75.
Analyst Ratings Changes
Separately, StockNews.com cut 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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