Phoenix New Media (NYSE:FENG) Research Coverage Started at StockNews.com

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

Phoenix New Media Price Performance

Shares of FENG stock opened at $2.48 on Monday. Phoenix New Media has a fifty-two week low of $1.20 and a fifty-two week high of $4.15. The firm has a market capitalization of $30.00 million, a price-to-earnings ratio of -5.06 and a beta of 0.71. 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’s 50-day simple moving average is $2.41 and its 200-day simple moving average is $2.75.

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.