Cheetah Mobile Inc (ADR) (NASDAQ:CMCM) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 19, 2016
Only yesterday Cheetah Mobile Inc (ADR) (NASDAQ:CMCM) traded 3.93% higher at $12.95. CMCM’s 50-day moving average is $12.22 and its 200-day average is $12.84. With the last stock close up 0.86% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. Volume of trade was was down over the average, with 615,005 shares of CMCM changing hands under the typical 848,328 shares..
Zacks Investment Research has upgraded Cheetah Mobile Inc (ADR)(NASDAQ:CMCM) to Hold in a statement released 9/19/2016.
See Chart Below:
A total of 6 firms have issued a report on the company. Zero rate the stock a strong buy, 0 rate the stock a buy, 0 analysts rate the stock a hold, 0 rate the company to underperform, and finally 0 analystsrate the stock as sell with a one year target stock price of $25.90
Cheetah Mobile Inc (ADR) has a 52 week low of $8.77 and a 52 week high of $21.37. The company’s market capitalization is currently $0.0.
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, and program files and Websites on their devices for behavior that may impair system performance or impose security risks.
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