Should You Buy Cheetah Mobile Inc (CMCM) Stock After it Has Gained 1.54% 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?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CMCM Stock Today?

Cheetah Mobile Inc (CMCM) stock is trading at $1.98 as of 2:21 PM on Wednesday, Jan 4, an increase of $0.14, or 7.61% from the previous closing price of $1.84. The stock has traded between $1.85 and $2.04 so far today. Volume today is 38,026 compared to average volume of 45,518. 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.