Cheetah Mobile (NYSE:CMCM) Earns Hold Rating from Analysts at StockNews.com

Research analysts at StockNews.com started coverage on shares of Cheetah Mobile (NYSE:CMCM) in a research note issued to investors on Wednesday. The brokerage set a “hold” rating on the software maker’s stock.

Cheetah Mobile Trading Up 8.8 %

Shares of CMCM opened at $4.06 on Wednesday. The firm has a 50-day moving average price of $2.82 and a 200 day moving average price of $2.31. Cheetah Mobile has a 52-week low of $1.64 and a 52-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.