CMCM stock opened at $0.72 on Friday. The business has a 50 day simple moving average of $0.93 and a 200-day simple moving average of $1.23. The firm has a market capitalization of $104.36 million, a PE ratio of 7.25 and a beta of 1.28. Cheetah Mobile has a 1 year low of $0.65 and a 1 year high of $2.90.
Several hedge funds have recently bought and sold shares of CMCM. Jane Street Group LLC grew its position in Cheetah Mobile by 22.9% in the third quarter. Jane Street Group LLC now owns 88,480 shares of the software maker’s stock worth $144,000 after acquiring an additional 16,489 shares during the period. BlackRock Inc. grew its position in Cheetah Mobile by 217.4% in the third quarter. BlackRock Inc. now owns 22,343 shares of the software maker’s stock worth $36,000 after acquiring an additional 15,303 shares during the period. Finally, Morgan Stanley grew its position in Cheetah Mobile by 2,558.0% in the second quarter. Morgan Stanley now owns 27,431 shares of the software maker’s stock worth $65,000 after acquiring an additional 26,399 shares during the period. Institutional investors and hedge funds own 1.86% of the company’s stock.
Cheetah Mobile Inc operates as an internet company in the People's Republic of China, the United States, 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.
- Get a free copy of the StockNews.com research report on Cheetah Mobile (CMCM)
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