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

Cheetah Mobile (NYSE:CMCM) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a report released on Saturday.

Cheetah Mobile Price Performance

Shares of NYSE:CMCM opened at $4.97 on Friday. Cheetah Mobile has a 1-year low of $2.31 and a 1-year high of $6.78. The business’s 50 day moving average is $5.03 and its 200-day moving average is $4.73.

Cheetah Mobile Company Profile

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.