Phoenix New Media (NYSE:FENG) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of Phoenix New Media (NYSE:FENG) in a research report issued on Saturday. The brokerage set a “hold” rating on the information services provider’s stock.

Phoenix New Media Stock Up 0.9 %

Shares of NYSE:FENG opened at $2.30 on Friday. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.02. The firm has a market cap of $27.80 million, a price-to-earnings ratio of -4.69 and a beta of 0.72. The stock’s 50-day moving average price is $2.37 and its two-hundred day moving average price is $2.59. Phoenix New Media has a 12-month low of $1.57 and a 12-month high of $4.15.

Phoenix New Media (NYSE:FENG) last released its earnings results on Tuesday, March 11th. The information services provider reported ($0.04) earnings per share (EPS) for the quarter. Phoenix New Media had a negative return on equity of 3.76% and a negative net margin of 6.12%. The company had revenue of $29.88 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.