Cheetah Mobile - CMCM Stock Forecast, Price & News

Cheetah Mobile's stock was trading at $6.85 on January 1st, 2022. Since then, CMCM stock has decreased by 71.4% and is now trading at $1.96.
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Cheetah Mobile saw a decrease in short interest in October. As of October 31st, there was short interest totaling 178,200 shares, a decrease of 16.8% from the October 15th total of 214,200 shares. Based on an average daily trading volume, of 159,100 shares, the days-to-cover ratio is presently 1.1 days. Currently, 2.0% of the shares of the stock are short sold.
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Cheetah Mobile Inc. (NYSE:CMCM) issued its quarterly earnings results on Tuesday, September, 7th. The software maker reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $4.25 by $4.20. The software maker earned $32.79 million during the quarter.

Cheetah Mobile's stock reverse split on the morning of Friday, September 2nd 2022. The 1-5 reverse split was announced on Friday, September 2nd 2022. The number of shares owned by shareholders was adjusted after the market closes on Friday, September 2nd 2022. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

53 employees have rated Cheetah Mobile Chief Executive Officer Sheng Fu on Glassdoor.com. Sheng Fu has an approval rating of 30% among the company's employees. This puts Sheng Fu in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cheetah Mobile investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Associated British Foods (ABF), Chaarat Gold (CGH), Ciena (CIEN), China Unicom (Hong Kong) (CHU), First Data (FDC) and Apollo Global Management (APO).

Cheetah Mobile trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMCM."

Cheetah Mobile's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.55%), Connor Clark & Lunn Investment Management Ltd. (0.28%), Russell Investments Group Ltd. (0.14%), Renaissance Technologies LLC (0.12%), Group One Trading L.P. (0.00%) and Jane Street Group LLC (0.06%).

Shares of CMCM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CMCM stock can currently be purchased for approximately $1.96.

Cheetah Mobile (NYSE:CMCM) has a market capitalization of $56.17 million and generates $123.12 million in revenue each year. The software maker earns $-55,100,000.00 in net income (profit) each year or $0.50 on an earnings per share basis.

The company employs 1,044 workers across the globe.

Cheetah Mobile's mailing address is BUILDING NO. 8 HUI TONG TIMES SQUARE YAOJIAYUAN SOUTH ROAD, BEIJING F4, 100123. The official website for the company is www.cmcm.com. The software maker can be reached via phone at 861062927779, via email at ir@cmcm.com, or via fax at 86-10-5977-0977.