Phoenix New Media (NYSE:FENG) Now Covered by Analysts at StockNews.com

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

Phoenix New Media Stock Performance

Phoenix New Media stock opened at $3.07 on Thursday. The firm has a market capitalization of $37.11 million, a PE ratio of -3.79 and a beta of 0.75. Phoenix New Media has a one year low of $1.10 and a one year high of $4.15. The stock’s 50 day moving average price is $3.23 and its 200 day moving average price is $2.54. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.86 and a current ratio of 2.86.

Phoenix New Media (NYSE:FENG) last posted its earnings results on Tuesday, August 13th. The information services provider reported ($0.06) EPS for the quarter. The firm had revenue of $23.16 million for the quarter. Phoenix New Media had a negative return on equity of 3.95% and a negative net margin of 6.60%.

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.