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

StockNews.com initiated coverage on shares of Phoenix New Media (NYSE:FENG) in a research note published on Sunday morning. The firm issued a hold rating on the information services provider’s stock.

Phoenix New Media Trading Down 0.5 %

Shares of FENG stock opened at $2.13 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.81 and a quick ratio of 2.81. The company has a market cap of $25.84 million, a price-to-earnings ratio of -1.77 and a beta of 0.72. Phoenix New Media has a 1 year low of $1.10 and a 1 year high of $4.14. The firm has a fifty day moving average price of $1.80 and a 200-day moving average price of $1.52.

Phoenix New Media (NYSE:FENG) last released its earnings results on Tuesday, March 12th. The information services provider reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $29.84 million during the quarter. Phoenix New Media had a negative net margin of 15.11% and a negative return on equity of 8.87%.

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.