StockNews.com started coverage on shares of Phoenix New Media (NYSE:FENG – Free Report) in a report published on Tuesday. The brokerage issued a hold rating on the information services provider’s stock.
Phoenix New Media Stock Down 11.6 %
Shares of NYSE FENG opened at $2.52 on Tuesday. Phoenix New Media has a 1 year low of $1.10 and a 1 year high of $4.15. The firm has a 50-day simple moving average of $3.25 and a two-hundred day simple moving average of $2.45. The company has a market cap of $30.46 million, a P/E ratio of -3.11 and a beta of 0.76. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.86 and a quick ratio of 2.86.
Phoenix New Media (NYSE:FENG – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The information services provider reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $23.16 million for the quarter. Phoenix New Media had a negative return on equity of 3.95% and a negative net margin of 6.60%.
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.
See Also
- Five stocks we like better than Phoenix New Media
- 3 Warren Buffett Stocks to Buy Now
- Does GTA VI Make Take-Two Interactive Stock an Irresistible Buy?
- The Role Economic Reports Play in a Successful Investment Strategy
- Why HPE’s Dip Is a Prime Opportunity for Blue-Chip AI Investors
- ETF Screener: Uses and Step-by-Step Guide
- Why Analysts See Big Upside for Occidental Petroleum Despite Lows
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.