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

Analysts at StockNews.com assumed coverage on shares of Phoenix New Media (NYSE:FENG) in a research report issued to clients and investors on Thursday. The brokerage set a “hold” rating on the information services provider’s stock.

Phoenix New Media Trading Up 7.4 %

NYSE FENG opened at $2.18 on Thursday. Phoenix New Media has a 52 week low of $1.50 and a 52 week high of $4.15. The firm has a 50 day moving average of $2.42 and a two-hundred day moving average of $2.66. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $26.37 million, a PE ratio of -4.45 and a beta of 0.71.

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.