In the last trading session, 1,018,953 shares of the Cheetah Mobile Inc.(NYSE:CMCM) were traded, and its beta was 1.51. Most recently the company’s share price was $3.2, and it changed around -$0.3 or -0.09% from the last close, which brings the market valuation of the company to $445.78 Million. CMCM currently trades at a discount to its 52-week high of $5, offering almost -56.25% off that amount. The share price’s 52-week low was $1.64, which indicates that the current value has risen by an impressive 48.75% since then. We note from Cheetah Mobile Inc.’s average daily trading volume that its 10-day average is 1.67 Million shares, with the 3-month average coming to 1.3 Million.
Cheetah Mobile Inc. stock received a consensus recommendation rating of Sell, based on a mean score of 4. If we narrow it down even further, the data shows that 1 out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended CMCM as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight. Cheetah Mobile Inc. is expected to report earnings per share of $0 for the current quarter.
Cheetah Mobile Inc. (NYSE:CMCM): Trading Information
Although CMCM has showed a red trend with a performance of -8.57% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $4.15- on Tuesday, Feb 16 increased the stock’s daily price by 22.89%. The company’s shares are currently up 0.78% year-to-date, but still down -0.1281 over the last five days. On the other hand, Cheetah Mobile Inc. (NYSE:CMCM) is 0.42% up in the 30-day period. We can see from the shorts that 507.29 Million shares have been sold at a short interest cover period of 390.22 day(s).
Cheetah Mobile Inc. (CMCM) projections and forecasts
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of $75.75 Million in revenue for the current quarter. 1 analysts expect Cheetah Mobile Inc. to make $58.91 Million in revenue for the quarter ending in Apr 2021. The company’s sales for the same quarter a year ago was $155.13 Million. Analysts predict that the company’s current quarter sales will drop, forecast at -51.2%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -47.3%. Cheetah Mobile Inc. earnings are expected to decrease by -132.1% in 2021, but the outlook is negative -5.39% per year for the next five years.
Cheetah Mobile Inc. (NYSE:CMCM)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 11.6% of Cheetah Mobile Inc. shares, and 15.78% of them are in the hands of institutional investors. The stock currently has a share float of 17.85%. Cheetah Mobile Inc. stock is held by 44 institutions, with Dimensional Fund Advisors LP being the largest institutional investor. By Sep 29, 2020, it held 2.37% of the shares, which is about 916.55 Thousand shares worth $1.89 Million.
Citadel Advisors LLC, with 2.27% or 878.37 Thousand shares worth $1.81 Million as of Sep 29, 2020, holds the second largest percentage of outstanding shares.
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