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Research analysts at JPMorgan Chase & Co. began coverage on shares of Cheetah Mobile (NASDAQ:CMCM) in a report released on Friday, TheFlyOnTheWall.com reports. The firm set an “overweight” rating on the stock.

Cheetah Mobile (NASDAQ:CMCM) opened at 16.19 on Friday. Cheetah Mobile has a 1-year low of $12.50 and a 1-year high of $18.10. The stock has a 50-day moving average of $14.71 and a 200-day moving average of $14.71. The company has a market cap of $2.236 billion and a P/E ratio of 180.23.

Cheetah Mobile Inc develops Internet security software, based in China. It is a wholly-owned subsidiary of Kingsoft Corporation Limited.

The Fly On The Wall

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