Is it Time to Dump Cheetah Mobile Inc (CMCM) Stock After it Is Lower By 2.45% in a Week?

The market has been down on Cheetah Mobile Inc (CMCM) stock recently. CMCM gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Cheetah Mobile Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CMCM!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CMCM Stock Today?

Cheetah Mobile Inc (CMCM) stock is higher by 4.73% while the S&P 500 is lower by -2.78% as of 1:31 PM on Thursday, Dec 15. CMCM is higher by $0.09 from the previous closing price of $1.90 on volume of 12,229 shares. Over the past year the S&P 500 has fallen -16.18% while CMCM is lower by -66.83%. CMCM lost -$1.78 per share in the over the last 12 months. To screen for more stocks like Cheetah Mobile Inc click here.

More About Cheetah Mobile Inc

Cheetah Mobile Inc along with its subsidiaries principally engaged in the provision of internet services including the provision utility products and related services and mobile entrainment services and artificial intelligence (AI) and other services. It operates in two segments: Internet business and AI and others. Most of the firm's revenue gets derived from the internet business segment that provides mobile advertising services to advertising customers worldwide, as well as selling advertisements and referring user traffic on its mobile and PC platforms. Geographically, it derives the majority of revenue from PRC. Click Here to get the full Stock Report for Cheetah Mobile Inc stock.