Cheetah Mobile traded at $3.79 this Wednesday April 17th, increasing $0.15 or 4.12 percent since the previous trading session. Looking back, over the last four weeks, Cheetah Mobile gained 52.21 percent. Over the last 12 months, its price rose by 49.21 percent. Looking ahead, we forecast Cheetah Mobile to be priced at 3.71 by the end of this quarter and at 3.47 in one year, according to Trading Economics global macro models projections and analysts expectations.
Cheetah Mobile Inc. is a holding company. The Company and its consolidated subsidiaries, variable interest entities (VIEs) and a VIE's subsidiary are engaged in the provision of online marketing services, Internet value-added services, and Internet security services and others. The Company operates a platform that offers mobile and personal computer (PC) applications for its users and global content promotional channels for its customers, both of which are powered by its cloud-based data analytics engines. For its users, its diversified suite of applications optimizes mobile and PC Internet system performance, and provides real time protection against known and unknown security threats. Its data analytics engines perform real time analysis of mobile applications, program files and Websites on their devices for behavior that may impair system performance or impose security risks.