Cheetah Mobile (CMCM, Financial) experienced significant stock movement with a sharp decline of 5.74%. The stock is priced at $4.43 per share, with a trading volume of 32,973 shares, a turnover rate of 0.11%, and a price fluctuation of 4.68%.
Recent financial reports for Cheetah Mobile show a revenue of $25.88 million, a net loss of $17.10 million, and an earnings per share (EPS) of -$0.57. The company's gross profit stands at $16.78 million, with a negative price-to-earnings (P/E) ratio of -1.93. Currently, there are no institutional ratings providing a "buy," "hold," or "sell" recommendation for the stock.
Within the internet information services sector, where Cheetah Mobile operates, the overall growth recorded was 1.31%. Notable performers in the sector include Taboola Com Ltd C/Wts (To Pur Com) and Trump Media & Technology Group Corp C/Wts 25/03/2029 (To Pur Com), showcasing significant activity. In terms of turnover rates, Trump Media & Technology Group, Hanryu Holdings, Inc., and Upexi, Inc. led at 46.15%, 12.24%, and 7.43% respectively. Stocks with high volatility include Hanryu Holdings, Inc., Trump Media & Technology Group Corp C/Wts 25/03/2029 (To Pur Com), and Mediaalpha, Inc. with fluctuations of 22.34%, 15.70%, and 14.68% respectively.
Cheetah Mobile, along with its subsidiaries, offers a variety of products and services for PCs and mobile devices. Revenue primarily comes from utility-related operations, including advertising services and premium membership services. The company also provides a multi-cloud management platform and overseas advertising agency services. It operates through two main segments: Internet business and AI & others. A significant portion of its revenue is generated from the Internet business segment, which offers mobile advertising services and sells advertising and referral traffic on its mobile and PC platforms. Geographically, most of the company's revenue is derived from China, with the remainder coming from Hong Kong, Japan, and other global regions.
