Alert: Major Price Advance (5/20/20)-Cheetah Mobile Inc (NYSE: CMCM).


Cheetah Mobile Inc (NYSE: CMCM) stock enjoyed a major increase of 47.3% on 5/20/20. The shares closed at $3.05. Moreover, trading volume in this advance was exceptionally high at 1691% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 55.6% during the last week.


Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, CMCM is expected to continue to be a major Value Eraser.

Cheetah Mobile has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Cheetah Mobile has a good Appreciation Score of 73 but a slightly negative Power Rating of 34, resulting in the High Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

About John Lafferty 79010 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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