Phoenix New Media (NYSE:FENG) Stock Passes Above 200-Day Moving Average – Here’s Why

Posted by Doug Wharley on Feb 26th, 2025

Phoenix New Media Limited (NYSE:FENG – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.70 and traded as high as $2.85. Phoenix New Media shares last traded at $2.67, with a volume of 8,013 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Phoenix New Media in a research report on Wednesday. They issued a “hold” rating on the stock.

Read Our Latest Report on FENG

Phoenix New Media Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.75 and a current ratio of 2.75. The stock has a market cap of $32.28 million, a PE ratio of -5.45 and a beta of 0.71. The company’s 50-day moving average price is $2.43 and its two-hundred day moving average price is $2.70.

Phoenix New Media Company Profile

(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.