Cheetah Mobile (NYSE:CMCM) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Cheetah Mobile (NYSE:CMCM) in a research report sent to investors on Wednesday morning. The brokerage issued a hold rating on the software maker’s stock.

Cheetah Mobile Stock Down 2.5 %

Shares of NYSE:CMCM opened at $3.96 on Wednesday. The business has a 50-day moving average of $2.86 and a two-hundred day moving average of $2.33. Cheetah Mobile has a fifty-two week low of $1.64 and a fifty-two week high of $5.20.

About Cheetah Mobile

Cheetah Mobile Inc operates as an internet company in the People's Republic of China, the United States, Japan, and internationally. The company's utility products include Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices; Security Master, an anti-virus and security application for mobile devices; and Duba Anti-virus, an internet security application to protect users against known and unknown security threats and malicious applications.