Phoenix New Media (FENG) Receiving Somewhat Favorable Press Coverage, Study Finds

Media coverage about Phoenix New Media (NYSE:FENG) has trended somewhat positive on Monday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Phoenix New Media earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the information services provider an impact score of 47.114782918639 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of Phoenix New Media stock traded down $0.14 on Monday, hitting $4.21. 169,156 shares of the company were exchanged, compared to its average volume of 347,743. The stock has a market cap of $311.93, a P/E ratio of 62.14 and a beta of 1.48. Phoenix New Media has a 1-year low of $2.43 and a 1-year high of $8.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.09 and a quick ratio of 2.15.

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Phoenix New Media (NYSE:FENG) last issued its earnings results on Monday, March 12th. The information services provider reported $0.02 earnings per share for the quarter. The business had revenue of $70.98 million for the quarter. Phoenix New Media had a return on equity of 1.62% and a net margin of 2.45%.

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Phoenix New Media Company Profile

Phoenix New Media Limited is a media company providing content on an integrated platform across Internet, mobile and television channels in China. The Company enables consumers to access professional news and other information, and upload text and images (UGC) on the Internet and through their mobile devices.

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