Cheetah Mobile (NYSE:CMCM) Cut to “Hold” at StockNews.com

StockNews.com lowered shares of Cheetah Mobile (NYSE:CMCM) from a buy rating to a hold rating in a research report released on Saturday.

Cheetah Mobile Price Performance

CMCM stock opened at $5.00 on Friday. Cheetah Mobile has a twelve month low of $2.31 and a twelve month high of $6.78. The business’s 50-day simple moving average is $5.04 and its 200 day simple moving average is $4.74.

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.