Shares of CMCM stock opened at $0.70 on Friday. Cheetah Mobile has a twelve month low of $0.65 and a twelve month high of $2.90. The stock has a market cap of $101.06 million, a price-to-earnings ratio of 7.02 and a beta of 1.28. The company’s 50-day moving average price is $0.88 and its 200-day moving average price is $1.15.
A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. raised its holdings in Cheetah Mobile by 217.4% in the third quarter. BlackRock Inc. now owns 22,343 shares of the software maker’s stock valued at $36,000 after acquiring an additional 15,303 shares in the last quarter. Morgan Stanley raised its stake in Cheetah Mobile by 2,558.0% during the 2nd quarter. Morgan Stanley now owns 27,431 shares of the software maker’s stock worth $65,000 after acquiring an additional 26,399 shares in the last quarter. Finally, Jane Street Group LLC increased its position in Cheetah Mobile by 22.9% during the third quarter. Jane Street Group LLC now owns 88,480 shares of the software maker’s stock worth $144,000 after buying an additional 16,489 shares during the period. Institutional investors 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.
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