StockNews.com began coverage on shares of Phoenix New Media (NYSE:FENG – Free Report) in a report released on Wednesday. The firm issued a hold rating on the information services provider’s stock.
Phoenix New Media Stock Up 2.2 %
Shares of NYSE:FENG opened at $2.85 on Wednesday. Phoenix New Media has a 52-week low of $1.10 and a 52-week high of $4.15. The stock has a market cap of $34.45 million, a P/E ratio of -3.52 and a beta of 0.75. The business has a fifty day moving average of $3.25 and a two-hundred day moving average of $2.48. The company has a quick ratio of 2.86, a current ratio of 2.86 and a debt-to-equity ratio of 0.02.
Phoenix New Media (NYSE:FENG – Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The information services provider reported ($0.06) earnings per share (EPS) for the quarter. Phoenix New Media had a negative net margin of 6.60% and a negative return on equity of 3.95%. The firm had revenue of $23.16 million during 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.
Further Reading
- Five stocks we like better than Phoenix New Media
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Goldilocks CPI Report Leads Market to Sell Off, Lower Lows Ahead
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- GameStop: Earnings Won’t Save It, Dilution Points to Trouble
- Market Cap Calculator: How to Calculate Market Cap
- Dividend Aristocrats or Dividend Kings: Which Is Best for You?
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.