News stories about Cheetah Mobile (NYSE:CMCM) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cheetah Mobile earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 47.1605546987366 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
CMCM has been the topic of several research analyst reports. ValuEngine upgraded shares of Cheetah Mobile from a “hold” rating to a “buy” rating in a research note on Wednesday, May 23rd. Macquarie downgraded shares of Cheetah Mobile from a “neutral” rating to an “underperform” rating in a research note on Tuesday, March 13th. Finally, Credit Suisse Group set a $13.00 price objective on shares of Cheetah Mobile and gave the stock a “hold” rating in a research note on Monday, March 19th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $12.25.
CMCM traded down $0.14 during trading on Monday, reaching $12.01. 1,686 shares of the company’s stock were exchanged, compared to its average volume of 1,585,754. Cheetah Mobile has a fifty-two week low of $7.54 and a fifty-two week high of $18.18. The company has a market capitalization of $1.75 billion, a P/E ratio of 8.56 and a beta of 3.43.
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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