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 released on Thursday. The brokerage issued a hold rating on the information services provider’s stock.

Phoenix New Media Stock Performance

Shares of FENG stock opened at $2.68 on Thursday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.86 and a current ratio of 2.75. The firm has a fifty day moving average of $2.89 and a 200-day moving average of $2.84. Phoenix New Media has a 52-week low of $1.20 and a 52-week high of $4.15.

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.