Cheetah Mobile (NYSE:CMCM - Get Free Report) released its quarterly earnings results on Thursday. The software maker reported ($0.14) EPS for the quarter, Zacks reports. The company had revenue of $35.69 million for the quarter. Cheetah Mobile had a negative return on equity of 17.83% and a negative net margin of 64.75%.
Cheetah Mobile Stock Up 1.4%
Shares of Cheetah Mobile stock traded up $0.06 on Tuesday, hitting $4.36. 23,060 shares of the company traded hands, compared to its average volume of 37,791. The company has a 50-day moving average price of $4.04 and a 200 day moving average price of $4.55. Cheetah Mobile has a 12-month low of $3.02 and a 12-month high of $6.77. The company has a market cap of $132.20 million, a PE ratio of -1.65 and a beta of 1.73.
Wall Street Analyst Weigh In
Separately, Wall Street Zen cut shares of Cheetah Mobile from a "buy" rating to a "hold" rating in a research note on Monday, May 5th.
Check Out Our Latest Report on CMCM
Cheetah Mobile Company Profile
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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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