Cheetah Mobile (NYSE:CMCM) Receives a Downgrade

BidaskScore has lowered their rating for Cheetah Mobile (NYSE:CMCM) shares to a Sell in analysts report that was revealed on 12 April.

The stock increased 1.29% or $0.08 during the last trading session, reaching $6.3. About 204,099 shares traded. Cheetah Mobile Inc. (NYSE:CMCM) has declined 48.11% since April 13, 2018 and is downtrending. It has underperformed by 52.48% the S&P500.

Cheetah Mobile Inc. operates a platform that offers mobile and personal computer applications for its users and global content promotional channels. The company has market cap of $883.29 million. The company’s suite of utility applications optimizes mobile and PC Internet system performance and provides real time protection against known and unknown security threats. It has a 4.1 P/E ratio. The Company’s mobile and PC applications for users include Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices; CM Security, an anti-virus and security application for mobile devices; Battery Doctor, a power optimization tool for mobile devices; Cheetah Browser, a safe Web browser for PCs and mobile devices; CM Browser, a mobile browser; CM Launcher, a secure launcher that offers acceleration, secure protection, and stylish wallpapers, as well as automatically organizes mobile applications based on personal behavior; Photo Grid, a photo collage application that allows users to create professional looking collages of photos through an intuitive interface for mobile devices; CM Locker, a lightweight lock screen; and Duba Anti-virus, an Internet security application for PC and mobile devices.

More notable recent Cheetah Mobile Inc. (NYSE:CMCM) news were published by: Seekingalpha.com which released: “Cheetah Mobile’s (CMCM) CEO Sheng Fu on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” on May 21, 2018, also Benzinga.com with their article: “58 Biggest Movers From Yesterday – Benzinga” published on March 27, 2019, Globenewswire.com published: “CLASS ACTION UPDATE for EIX and CMCM: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” on January 09, 2019. More interesting news about Cheetah Mobile Inc. (NYSE:CMCM) were released by: Benzinga.com and their article: “Prescience Point Claims Cheetah Mobile (NYSE: CMCM) Is ‘Worthless’, Company Says Allegations Are ‘Unfounded’ – Benzinga” published on October 26, 2017 as well as Gurufocus.com‘s news article titled: “Cheetah Mobile: The Chinese Small Cap Is a Buy – GuruFocus.com” with publication date: January 25, 2019.

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(Excerpt) Read more Here | 2019-04-13 01:04:08
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