Phoenix New Media (NYSE:FENG) will be announcing its earnings results after the market closes on Monday, March 18th.
FENG stock opened at $4.18 on Friday. The stock has a market capitalization of $303.83 million, a price-to-earnings ratio of 52.25 and a beta of 2.49. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.18 and a quick ratio of 2.18. Phoenix New Media has a 12 month low of $2.83 and a 12 month high of $5.83.
A number of analysts have commented on FENG shares. ValuEngine upgraded shares of Phoenix New Media from a “hold” rating to a “buy” rating in a report on Tuesday, January 29th. Zacks Investment Research upgraded shares of Phoenix New Media from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 11th.
A hedge fund recently bought a new stake in Phoenix New Media stock. Geode Capital Management LLC acquired a new stake in Phoenix New Media Ltd (NYSE:FENG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 42,822 shares of the information services provider’s stock, valued at approximately $137,000. Geode Capital Management LLC owned about 0.06% of Phoenix New Media at the end of the most recent quarter. 14.38% of the stock is owned by institutional investors and hedge funds.
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About Phoenix New Media
Phoenix New Media Limited provides content on an integrated Internet platform in the People's Republic of China. The company operates in two segments, Net Advertising Services and Paid Services. It offers content and services through three channels, including PC channel, mobile channel, and telecom operators, as well as transmits content to TV viewers, primarily through Phoenix TV.
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