Phoenix New Media (NYSE:FENG) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Phoenix New Media (NYSE:FENG) in a research report released on Sunday morning. The firm issued a hold rating on the information services provider’s stock.

Phoenix New Media Stock Down 1.7 %

Shares of NYSE:FENG opened at $1.75 on Friday. The company has a market capitalization of $21.23 million, a PE ratio of -1.46 and a beta of 0.72. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.81 and a quick ratio of 2.72. The business has a fifty day moving average price of $1.78 and a two-hundred day moving average price of $1.50. Phoenix New Media has a 1 year low of $1.10 and a 1 year high of $4.14.

Phoenix New Media (NYSE:FENG) last announced its quarterly earnings data on Tuesday, March 12th. The information services provider reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $29.84 million during the quarter. Phoenix New Media had a negative return on equity of 8.87% and a negative net margin of 15.11%.

Phoenix New Media Company Profile

Phoenix New Media Limited provides content on an integrated Internet platform in the People's Republic of China. The company operates through two segments, Net Advertising Services and Paid Services. It offers content and services through PC channel, mobile channel, and telecom operators, as well as transmits content to TV viewers, primarily through Phoenix TV.