On 10/21/24, Cheetah Mobile Inc (NYSE: CMCM) stock enjoyed a major increase of 14.0%, closing at $4.48. Moreover, exceptionally high trading volume at 481% of normal accompanied the advance. The stock has declined -3.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
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 64 and a very high Power Rating of 91, 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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