Brokerage Firm Rating Update on Cheetah Mobile (CMCM)

Cheetah Mobile (CMCM) : Zacks Investment Research ranks Cheetah Mobile (CMCM) as 3, which is a Hold recommendation. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 2 research analysts is 3, which indicates as a Hold.


Company shares have received an average consensus rating of Hold for the current week

Cheetah Mobile (NYSE:CMCM): stock was range-bound between the intraday low of $12.8501 and the intraday high of $13.28 after having opened at $13.18 on Wednesdays session. The stock finally closed in the red at $13.18, a loss of -2.11%. The stock remained in the red for the whole trading day. The total traded volume was 1,158,866 shares. The stock failed to cross $13.28 in Wednesdays trading. The stocks closing price on Thursday was $13.28.

Cheetah Mobile Inc. is a provider of online marketing services, Internet value-added services and Internet security services and others in the Peoples Republic of China (the PRC). The Company operates a platform that offers mobile and Personal Computer (PC) applications for its users and global content distribution channels for its customers, both of which are powered by its cloud-based data analytics engines. For its users, the Companys suite of applications improves mobile and PC Internet system performance and provides real time protection against known and unknown security threats. For its customers, the Companys platform provides multiple user traffic entry points and global content distribution channels capable of delivering targeted content to hundreds of millions of people. Kingsoft Corporation Limited is the holding company of the Company.

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