On 11/29/24, Cheetah Mobile Inc (NYSE: CMCM) stock enjoyed a major increase of 11.8%, closing at $5.78. Moreover, trading volume in this advance was exceptionally high at 231% of normal. The stock has been strong relative to the market over the last nine months and has risen 23.5% during the last week.
Current PriceTarget Research Rating
Cheetah Mobile has a current Value Trend Rating of C (High Neutral). 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 50 but a good Power Rating of 75, triggering 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.
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