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

StockNews.com started coverage on shares of Phoenix New Media (NYSE:FENG) in a research note released on Tuesday. The brokerage issued a hold rating on the information services provider’s stock.

Phoenix New Media Price Performance

Shares of FENG stock opened at $2.77 on Tuesday. Phoenix New Media has a 52-week low of $1.30 and a 52-week high of $4.15. The stock has a market cap of $33.43 million, a PE ratio of -5.64 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 firm’s 50 day moving average price is $2.41 and its two-hundred day moving average price is $2.72.

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.