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

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

Phoenix New Media Trading Down 2.0 %

FENG opened at $2.43 on Friday. Phoenix New Media has a 52 week low of $1.20 and a 52 week high of $4.15. The business has a fifty day simple moving average of $2.76 and a 200-day simple moving average of $2.90. The firm has a market cap of $29.38 million, a P/E ratio of -4.96 and a beta of 0.73. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.02.

Phoenix New Media Company Profile

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.