Shares of Cheetah Mobile Inc (NYSE:CMCM) were down 9.1% on Thursday . The stock traded as low as $12.00 and last traded at $12.01. Approximately 1,150,419 shares traded hands during trading, a decline of 42% from the average daily volume of 1,988,371 shares. The stock had previously closed at $13.21.

Several analysts have recently weighed in on CMCM shares. Credit Suisse Group set a $11.00 target price on Cheetah Mobile and gave the company a “hold” rating in a research note on Friday, November 24th. BidaskClub downgraded Cheetah Mobile from a “hold” rating to a “sell” rating in a research note on Friday, October 13th. Finally, TheStreet upgraded Cheetah Mobile from a “c+” rating to a “b-” rating in a research note on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a strong buy rating to the company. Cheetah Mobile has an average rating of “Hold” and a consensus target price of $11.75.

The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market cap of $1,790.00, a P/E ratio of 30.58 and a beta of 3.52.

Cheetah Mobile (NYSE:CMCM) last posted its quarterly earnings results on Tuesday, November 21st. The software maker reported $0.14 EPS for the quarter. Cheetah Mobile had a return on equity of 10.76% and a net margin of 7.44%.

An institutional investor recently bought a new position in Cheetah Mobile stock. Acadian Asset Management LLC purchased a new position in Cheetah Mobile Inc (NYSE:CMCM) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 62,202 shares of the software maker’s stock, valued at approximately $752,000. 7.22% of the stock is owned by hedge funds and other institutional investors.

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Cheetah Mobile Company Profile

Cheetah Mobile Inc is a holding company. The Company and its consolidated subsidiaries, variable interest entities (VIEs) and a VIE’s subsidiary are engaged in the provision of online marketing services, Internet value-added services, and Internet security services and others. The Company operates a platform that offers mobile and personal computer (PC) applications for its users and global content promotional channels for its customers, both of which are powered by its cloud-based data analytics engines.

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