StockNews.com Initiates Coverage on Cheetah Mobile (NYSE:CMCM)

StockNews.com began coverage on shares of Cheetah Mobile (NYSE:CMCM) in a report released on Wednesday. The brokerage issued a hold rating on the software maker’s stock.

Cheetah Mobile Price Performance

Shares of NYSE CMCM opened at $4.26 on Wednesday. Cheetah Mobile has a 1-year low of $1.64 and a 1-year high of $5.20. The business’s 50 day moving average is $2.99 and its two-hundred day moving average is $2.37.

Cheetah Mobile Company Profile

Cheetah Mobile Inc operates as an internet company in the People's Republic of China, the United States, Japan, and internationally. The company's utility products include Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices; Security Master, an anti-virus and security application for mobile devices; and Duba Anti-virus, an internet security application to protect users against known and unknown security threats and malicious applications.