Cheetah Mobile (NYSE:CMCM) Releases Quarterly Earnings Results

Cheetah Mobile (NYSE:CMCMGet Free Report) issued its earnings results on Wednesday. The software maker reported ($0.02) EPS for the quarter, Zacks reports. Cheetah Mobile had a negative return on equity of 13.85% and a negative net margin of 47.30%.

Cheetah Mobile Stock Performance

NYSE:CMCM opened at $7.37 on Thursday. The stock has a market capitalization of $223.28 million, a PE ratio of -3.36 and a beta of 1.85. Cheetah Mobile has a fifty-two week low of $3.28 and a fifty-two week high of $9.44. The company has a fifty day moving average of $7.67 and a two-hundred day moving average of $6.03.

Institutional Investors Weigh In On Cheetah Mobile

An institutional investor recently bought a new position in Cheetah Mobile stock. Nomura Holdings Inc. acquired a new stake in shares of Cheetah Mobile Inc. (NYSE:CMCMFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 11,680 shares of the software maker’s stock, valued at approximately $94,000. 0.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CMCM shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cheetah Mobile in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Cheetah Mobile to a “hold” rating in a research report on Saturday, September 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Cheetah Mobile presently has an average rating of “Sell”.

View Our Latest Report on Cheetah Mobile

About Cheetah Mobile

(Get Free Report)

Cheetah Mobile Inc along with its subsidiaries, engages in provision of internet services, artificial intelligence, and other services in the People's Republic of China, Hong Kong, Japan, and internationally. The company's internet products include Duba Anti-virus, an internet security application to protect users against known and unknown security threats and malicious applications; and Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices.

Further Reading

Earnings History for Cheetah Mobile (NYSE:CMCM)

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