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

StockNews.com downgraded shares of Cheetah Mobile (NYSE:CMCM) from a buy rating to a hold rating in a research note published on Saturday morning.

Cheetah Mobile Trading Up 0.5 %

Shares of Cheetah Mobile stock opened at $5.00 on Friday. Cheetah Mobile has a 12-month low of $2.31 and a 12-month high of $6.78. The company has a 50-day simple moving average of $5.04 and a 200 day simple moving average of $4.74.

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.