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

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

Phoenix New Media Stock Up 1.3 %

Shares of FENG stock opened at $2.75 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.91 and a current ratio of 2.91. The firm’s 50-day moving average is $2.25 and its 200-day moving average is $1.82. The stock has a market cap of $33.19 million, a price-to-earnings ratio of -3.39 and a beta of 0.76. Phoenix New Media has a 52-week low of $1.10 and a 52-week high of $3.30.

Phoenix New Media (NYSE:FENG) last issued its earnings results on Monday, May 13th. The information services provider reported ($0.30) earnings per share (EPS) for the quarter. The firm had revenue of $21.19 million during the quarter. Phoenix New Media had a negative net margin of 10.17% and a negative return on equity 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.