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

by · The Cerbat Gem

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

Phoenix New Media Trading Up 0.8 %

FENG opened at $2.40 on Tuesday. The business’s 50 day moving average is $2.61 and its two-hundred day moving average is $2.90. The firm has a market cap of $29.01 million, a price-to-earnings ratio of -4.90 and a beta of 0.72. Phoenix New Media has a 52 week low of $1.20 and a 52 week 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.

Phoenix New Media Company Profile

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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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