Phoenix New Media (NYSE:FENG) Releases Earnings Results

Phoenix New Media (NYSE:FENG) announced its quarterly earnings data on Tuesday. The information services provider reported ($0.04) earnings per share for the quarter, Zacks reports. Phoenix New Media had a negative net margin of 6.12% and a negative return on equity of 3.76%.

Phoenix New Media Stock Up 0.9 %

Shares of Phoenix New Media stock traded up $0.02 on Thursday, reaching $2.22. 1,868 shares of the company were exchanged, compared to its average volume of 9,190. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average of $2.40 and a 200 day moving average of $2.62. The company has a market capitalization of $26.84 million, a price-to-earnings ratio of -4.53 and a beta of 0.72. Phoenix New Media has a one year low of $1.50 and a one year high of $4.15.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Phoenix New Media in a research report on Thursday, March 6th. They set a “hold” rating for the company.

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.