StockNews.com initiated coverage on shares of Phoenix New Media (NYSE:FENG – Free Report) in a research report report published on Monday. The firm issued a hold rating on the information services provider’s stock.
Phoenix New Media Stock Down 5.4 %
NYSE:FENG opened at $1.68 on Monday. Phoenix New Media has a 52 week low of $1.28 and a 52 week high of $4.15. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.02. The stock’s fifty day moving average is $2.30 and its two-hundred day moving average is $2.51. The stock has a market capitalization of $20.25 million, a price-to-earnings ratio of -3.42 and a beta of 0.49.
Phoenix New Media (NYSE:FENG – Get Free Report) last announced its earnings results on Tuesday, March 11th. The information services provider reported ($0.04) EPS for the quarter. The firm had revenue of $29.88 million for the quarter. Phoenix New Media had a negative net margin of 6.12% and a negative return on equity of 3.76%.
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.
Featured Articles
- Five stocks we like better than Phoenix New Media
- Investing In Preferred Stock vs. Common Stock
- Quantum Computing: The $6.5 Billion Opportunity You Can’t Ignore
- Why is the Ex-Dividend Date Significant to Investors?
- Are Tariffs Threatening Disney’s Comeback Story?
- How to Evaluate a Stock Before Buying
- Is Alphabet a Generational Buying Opportunity at These Levels?
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.
