Cheetah Mobile Inc. (NYSE:CMCM - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.09 and traded as low as $3.90. Cheetah Mobile shares last traded at $4.06, with a volume of 25,036 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered Cheetah Mobile from a "buy" rating to a "hold" rating in a research note on Monday, May 5th.
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Cheetah Mobile Stock Down 0.2%
The stock has a fifty day simple moving average of $4.07 and a 200-day simple moving average of $4.66. The company has a market capitalization of $122.48 million, a P/E ratio of -1.41 and a beta of 1.75.
Cheetah Mobile (NYSE:CMCM - Get Free Report) last announced its quarterly earnings results on Wednesday, March 26th. The software maker reported ($0.95) earnings per share (EPS) for the quarter. The company had revenue of $32.48 million for the quarter.
Institutional Investors Weigh In On Cheetah Mobile
A number of large investors have recently bought and sold shares of the business. XTX Topco Ltd acquired a new position in Cheetah Mobile in the first quarter worth $60,000. E Fund Management Co. Ltd. acquired a new position in Cheetah Mobile during the 1st quarter worth about $305,000. Finally, E Fund Management Hong Kong Co. Ltd. bought a new stake in Cheetah Mobile during the 1st quarter worth about $305,000. 0.41% of the stock is currently owned by institutional investors.
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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