StockNews.com began coverage on shares of Phoenix New Media (NYSE:FENG – Free Report) in a report published on Saturday morning. The brokerage issued a hold rating on the information services provider’s stock.
Phoenix New Media Stock Performance
Shares of FENG opened at $2.13 on Friday. The firm has a market capitalization of $25.58 million, a P/E ratio of -4.35 and a beta of 0.42. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.75 and a quick ratio of 2.75. Phoenix New Media has a one year low of $1.28 and a one year high of $4.15. The business has a fifty day moving average of $2.02 and a 200 day moving average of $2.31.
Phoenix New Media (NYSE:FENG – Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The information services provider reported ($0.34) earnings per share (EPS) for the quarter. Phoenix New Media had a negative net margin of 6.12% and a negative return on equity of 3.76%. The firm had revenue of $21.39 million for the quarter.
About Phoenix New Media
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.
Featured Stories
- Five stocks we like better than Phoenix New Media
- Election Stocks: How Elections Affect the Stock Market
- Top 4 ETFs for China Exposure After Tariff Relief
- 3 Warren Buffett Stocks to Buy Now
- Build a Complete Bond Portfolio With These 4 ETFs
- Consumer Discretionary Stocks Explained
- MarketBeat Week in Review – 05/12 – 05/16
Receive News & Ratings for Phoenix New Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phoenix New Media and related companies with MarketBeat.com's FREE daily email newsletter.
