Phoenix New Media (NYSE:FENG) Posts Earnings Results

Phoenix New Media (NYSE:FENG) posted its quarterly earnings results on Tuesday. The information services provider reported ($0.04) EPS 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 Performance

NYSE:FENG traded up $0.02 during midday trading on Thursday, reaching $2.22. The stock had a trading volume of 1,868 shares, compared to its average volume of 9,191. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.75 and a quick ratio of 2.75. Phoenix New Media has a 1-year low of $1.50 and a 1-year high of $4.15. The firm’s fifty day simple moving average is $2.40 and its 200-day simple moving average is $2.62. The stock has a market capitalization of $26.78 million, a P/E ratio of -4.53 and a beta of 0.72.

Analyst Upgrades and Downgrades

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

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.