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

StockNews.com assumed coverage on shares of Phoenix New Media (NYSE:FENG) in a report released on Thursday morning. The brokerage issued a hold rating on the information services provider’s stock.

Phoenix New Media Trading Down 0.8 %

Phoenix New Media stock opened at $2.50 on Thursday. Phoenix New Media has a 12-month low of $1.20 and a 12-month high of $4.15. The firm has a market capitalization of $30.23 million, a price-to-earnings ratio of -5.10 and a beta of 0.72. The firm has a 50 day moving average of $2.52 and a 200 day moving average of $2.90. 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 Company Profile

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.