Phoenix New Media Limited (NYSE:FENG) Short Interest Update

Phoenix New Media Limited (NYSE:FENGGet Free Report) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 42,300 shares, a decrease of 16.7% from the November 30th total of 50,800 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average trading volume of 9,300 shares, the short-interest ratio is presently 4.5 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Phoenix New Media in a report on Tuesday, December 24th. They set a “hold” rating for the company.

Check Out Our Latest Stock Report on Phoenix New Media

Phoenix New Media Price Performance

NYSE FENG traded up $0.01 on Friday, reaching $2.41. The company had a trading volume of 919 shares, compared to its average volume of 41,460. The stock has a market capitalization of $29.13 million, a PE ratio of -4.92 and a beta of 0.72. Phoenix New Media has a 12 month low of $1.20 and a 12 month 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 firm’s 50 day moving average price is $2.60 and its 200 day moving average price is $2.90.

About Phoenix New Media

(Get Free Report)

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.

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