Separately, Jefferies Financial Group began coverage on shares of Cheetah Mobile in a report on Monday, August 5th. They issued an underperform rating and a $2.90 target price on the stock.
Cheetah Mobile stock opened at $3.24 on Tuesday. The firm has a market capitalization of $478.72 million, a price-to-earnings ratio of 2.63 and a beta of 1.78. The firm’s fifty day moving average price is $3.62 and its two-hundred day moving average price is $3.76. Cheetah Mobile has a 1-year low of $2.90 and a 1-year high of $8.00.
Cheetah Mobile Company Profile
Cheetah Mobile Inc operates as a mobile Internet company worldwide. 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; Battery Doctor, a power optimization tool for mobile devices; Cheetah Browser, a Web browser for PCs and mobile devices; CM Browser, a mobile browser to protect users from malicious threats; and CM Launcher, which provides personalized experience in using smart phones.
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