Cheetah Mobile Inc (NYSE: CMCM) stock enjoyed a major increase of 12.1% on 6/20/24. The shares closed at $5.37. Moreover, trading volume in this advance was above average at 128% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.2% during the last week.
Current PriceTarget Research Rating
CMCM’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Cheetah Mobile has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cheetah Mobile has a neutral Appreciation Score of 46 but a very high Power Rating of 97, triggering the Highest Value Trend Rating.
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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