Phoenix New Media (FENG) Set to Announce Quarterly Earnings on Monday

Phoenix New Media (NYSE:FENG) is scheduled to be announcing its earnings results after the market closes on Monday, March 18th.

Shares of NYSE:FENG opened at $4.18 on Friday. The company has a market capitalization of $303.83 million, a P/E ratio of 52.25 and a beta of 2.49. Phoenix New Media has a 52 week low of $2.83 and a 52 week high of $5.83. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 0.01.

An institutional investor recently bought a new position in Phoenix New Media stock. Geode Capital Management LLC bought a new position in shares of Phoenix New Media Ltd (NYSE:FENG) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 42,822 shares of the information services provider’s stock, valued at approximately $137,000. Geode Capital Management LLC owned approximately 0.06% of Phoenix New Media as of its most recent SEC filing. Institutional investors own 14.38% of the company’s stock.

A number of brokerages have recently issued reports on FENG. ValuEngine raised Phoenix New Media from a “hold” rating to a “buy” rating in a research report on Monday, February 25th. Zacks Investment Research raised Phoenix New Media from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 11th.

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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 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.

Further Reading: Certificate of Deposit (CD)

Earnings History for Phoenix New Media (NYSE:FENG)

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