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A statement released earlier today by Zacks Investment Research about Cheetah Mobile Inc (ADR) (NASDAQ:CMCM) bumps the target price to $12.00

Zacks Investment Research bumped up the target of Cheetah Mobile Inc (ADR) (NASDAQ:CMCM) to $12.00 stating a potential upside of 0.10%.

Boasting a price of $10.94, Cheetah Mobile Inc (ADR) (NASDAQ:CMCM) traded 0.62% higher on the day. With the last stock price close up -10.70% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Cheetah Mobile Inc (ADR) has recorded a 50-day average of $10.31 and a two hundred day average of $10.83. Volume of trade was down over the average, with 428,505 shares of CMCM changing hands under the typical 824,119

Performance Chart

Cheetah Mobile Inc (ADR) (NASDAQ:CMCM)

With a total market value of $0, Cheetah Mobile Inc (ADR) has price-earnings ratio of 41.32 with a one year low of $8.91 and a one year high of $13.79 .

A total of 6 equity analysts have released a research note on CMCM. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $25.90.

More About Cheetah Mobile Inc (ADR) (NASDAQ:CMCM)

Cheetah Mobile Inc. is a holding company. The Company and its consolidated subsidiaries, variable interest entities (VIEs) and a VIE's subsidiary are engaged in the provision of online marketing services, Internet value-added services, and Internet security services and others. The Company operates a platform that offers mobile and personal computer (PC) applications for its users and global content promotional channels for its customers, both of which are powered by its cloud-based data analytics engines. For its users, its diversified suite of applications optimizes mobile and PC Internet system performance, and provides real time protection against known and unknown security threats. Its data analytics engines perform real time analysis of mobile applications, program files and Websites on their devices for behavior that may impair system performance or impose security risks.

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