Phoenix New Media (NYSE:FENG) Earns Hold Rating from Analysts at StockNews.com

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

Phoenix New Media Price Performance

Shares of NYSE FENG opened at $1.68 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.75 and a current ratio of 2.75. The firm has a market cap of $20.25 million, a PE ratio of -3.42 and a beta of 0.49. Phoenix New Media has a one year low of $1.28 and a one year high of $4.15. The firm has a fifty day moving average of $2.30 and a 200 day moving average of $2.51.

Phoenix New Media (NYSE:FENG) last issued its quarterly earnings results on Tuesday, March 11th. The information services provider reported ($0.04) EPS for the quarter. The firm had revenue of $29.88 million for the quarter. Phoenix New Media had a negative return on equity of 3.76% and a negative net margin of 6.12%.

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.