Cheetah Mobile (CMCM) Is Today's Perilous Reversal Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Cheetah Mobile ( CMCM) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Cheetah Mobile as such a stock due to the following factors:

  • CMCM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $38.6 million.
  • CMCM has traded 132,872 shares today.
  • CMCM is down 3.2% today.
  • CMCM was up 5.8% yesterday.

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More details on CMCM:

Cheetah Mobile Inc. operates a platform that offer mobile and PC applications for users and global content distribution channels for business partners in China. CMCM has a PE ratio of 111. Currently there are 4 analysts that rate Cheetah Mobile a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Cheetah Mobile has been 1.4 million shares per day over the past 30 days. Cheetah Mobile has a market cap of $4.6 billion and is part of the technology sector and computer software & services industry. Shares are up 125.5% year-to-date as of the close of trading on Friday.

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