On 4/11/24, Cheetah Mobile Inc (NYSE: CMCM) stock enjoyed a major increase of 10.1%, closing at $4.37. Moreover, this advance was accompanied by exceptionally high trading volume at 810% of normal. The stock has risen 28.9% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, CMCM is expected to continue to be Value Creation neutral.
Cheetah Mobile has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Cheetah Mobile has a good Power Rating of 71 and a good Appreciation Score of 79, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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