On 9/12/24, Cheetah Mobile Inc (NYSE: CMCM) stock enjoyed a major increase of 13.3%, closing at $4.04. Moreover, this advance was accompanied by exceptionally high trading volume at 277% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.2% 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). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Cheetah Mobile has a slightly positive Appreciation Score of 65 and a very high Power Rating of 93, producing 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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