Cheetah Mobile's (CMCM) "Sell (D-)" Rating Reaffirmed at Weiss Ratings

Key Points

• Cheetah Mobile (CMCM) has had its "sell (D-)" rating reaffirmed by Weiss Ratings, signaling ongoing concerns about the stock's performance.
• Despite the negative rating, Wall Street Zen has upgraded Cheetah Mobile to a "hold," indicating mixed views among analysts.
• Cheetah Mobile reported a loss of ($0.08) EPS and a revenue of $41.21 million in its most recent earnings report, highlighting financial struggles with a negative net margin of 47.30%.

Cheetah Mobile (NYSE:CMCM - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by equities research analysts at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded shares of Cheetah Mobile to a "hold" rating in a research report on Saturday, September 13th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of "Sell".

Cheetah Mobile Trading Up 0.6%

Shares of NYSE:CMCM traded up $0.05 during mid-day trading on Friday, reaching $7.13. The stock had a trading volume of 25,436 shares, compared to its average volume of 54,371. The company has a market cap of $216.03 million, a P/E ratio of -3.25 and a beta of 1.86. Cheetah Mobile has a 1 year low of $3.28 and a 1 year high of $9.44. The business's 50 day moving average price is $7.38 and its 200 day moving average price is $5.44.

Cheetah Mobile (NYSE:CMCM - Get Free Report) last posted its earnings results on Thursday, September 11th. The software maker reported ($0.08) EPS for the quarter. The firm had revenue of $41.21 million during the quarter. Cheetah Mobile had a negative return on equity of 13.85% and a negative net margin of 47.30%.

Institutional Trading of Cheetah Mobile

A hedge fund recently bought a new stake in Cheetah Mobile stock. E Fund Management Co. Ltd. acquired a new position in Cheetah Mobile Inc. (NYSE:CMCM - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 71,363 shares of the software maker's stock, valued at approximately $305,000. E Fund Management Co. Ltd. owned about 0.24% of Cheetah Mobile at the end of the most recent reporting period. 0.41% of the stock is owned by hedge funds and other institutional investors.

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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