News headlines about Phoenix New Media (NYSE:FENG) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Phoenix New Media earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the information services provider an impact score of 48.0463296327989 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern’s scoring:
- ValuEngine Upgrades Phoenix New Media (FENG) to “Hold” (americanbankingnews.com)
- Phoenix New Media (FENG) Receives Consensus Recommendation of “Strong Buy” from Brokerages (americanbankingnews.com)
- Edited Transcript of FENG earnings conference call or presentation 15-May-18 1:00am GMT (finance.yahoo.com)
- Phoenix New Media (FENG) Misses Q1 EPS by 1c (streetinsider.com)
- Phoenix New Media’s (FENG) CEO Shuang Liu on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com)
Shares of Phoenix New Media traded up $0.68, hitting $5.55, on Thursday, according to MarketBeat.com. The company had a trading volume of 1,959,900 shares, compared to its average volume of 323,409. Phoenix New Media has a 12-month low of $5.05 and a 12-month high of $5.70. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.19 and a quick ratio of 2.09. The company has a market capitalization of $349.22 million, a price-to-earnings ratio of 487.00 and a beta of 1.52.
Phoenix New Media (NYSE:FENG) last issued its earnings results on Monday, March 12th. The information services provider reported $0.02 earnings per share for the quarter. Phoenix New Media had a return on equity of 0.34% and a net margin of 0.53%. The company had revenue of $70.98 million during the quarter.
Separately, ValuEngine downgraded Phoenix New Media from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd.
About Phoenix New Media
Phoenix New Media Limited provides content on an integrated platform across Internet, mobile, and TV channels in the People's Republic of China. It offers content and services through three channels, including ifeng.com channel, television channel, and mobile channel, as well as transmits content to TV viewers, primarily through Phoenix TV.
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