Cheetah Mobile Sees Unusually Large Options Volume (CMCM)

Cheetah Mobile Inc (NYSE:CMCM) was the recipient of unusually large options trading activity on Monday. Stock investors purchased 1,914 call options on the company. This represents an increase of 586% compared to the typical volume of 279 call options.

Shares of Cheetah Mobile (CMCM) opened at $11.40 on Thursday. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.02. Cheetah Mobile has a fifty-two week low of $7.54 and a fifty-two week high of $13.79. The stock has a market cap of $1,735.09, a PE ratio of 31.67 and a beta of 3.24.

A number of research firms have issued reports on CMCM. BidaskClub cut shares of Cheetah Mobile from a “hold” rating to a “sell” rating in a report on Friday, October 13th. Credit Suisse Group set a $11.00 price target on shares of Cheetah Mobile and gave the company a “hold” rating in a report on Friday, November 24th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the stock. Cheetah Mobile presently has a consensus rating of “Hold” and a consensus price target of $11.75.

WARNING: This news story was originally published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this news story on another site, it was illegally copied and reposted in violation of US & international copyright and trademark law. The correct version of this news story can be accessed at https://www.chaffeybreeze.com/2018/01/04/cheetah-mobile-sees-unusually-large-options-volume-cmcm.html.

About Cheetah Mobile

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.

Receive News & Ratings for Cheetah Mobile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheetah Mobile and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply