Phoenix New Media (NYSE:FENG) Now Covered by Analysts at StockNews.com

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

Phoenix New Media Stock Performance

Shares of FENG stock opened at $2.63 on Wednesday. The company has a market capitalization of $31.79 million, a P/E ratio of -5.37 and a beta of 0.71. The business’s 50 day moving average is $2.43 and its two-hundred day moving average is $2.70. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.02. Phoenix New Media has a 12-month low of $1.30 and a 12-month 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.