Cheetah Mobile Inc. (NYSE:CMCM – Get Free Report) shares crossed below its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $2.87 and traded as low as $2.30. Cheetah Mobile shares last traded at $2.31, with a volume of 1,374 shares traded.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cheetah Mobile in a report on Thursday, October 15th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.
Check Out Our Latest Stock Report on Cheetah Mobile
Cheetah Mobile Stock Performance
The company has a market capitalization of $70.04 million, a price-to-earnings ratio of -1.53 and a beta of 1.84. The firm has a 50-day simple moving average of $2.87 and a two-hundred day simple moving average of $3.71.
Cheetah Mobile Company Profile
Cheetah Mobile Inc is a Chinese mobile internet company that developed and operated mobile applications, online services and digital entertainment products. Its business historically focused on utility, security and system-management tools for smartphones, including Clean Master, CM Security, Battery Doctor and related applications designed to help users manage device performance, storage, battery life and security.
The company also operated a mobile advertising platform and distributed games through its Cheetah Games business.
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