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

News articles about Phoenix New Media (NYSE:FENG) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Phoenix New Media earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned headlines about the information services provider an impact score of 46.9166716271725 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Phoenix New Media (NYSE:FENG) traded down $0.25 during trading hours on Friday, reaching $4.10. The company’s stock had a trading volume of 349,930 shares, compared to its average volume of 353,513. The company has a current ratio of 2.09, a quick ratio of 2.15 and a debt-to-equity ratio of 0.01. Phoenix New Media has a 12-month low of $2.43 and a 12-month high of $8.14. The firm has a market cap of $327.71, a price-to-earnings ratio of 58.57 and a beta of 1.41.

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

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About Phoenix New Media

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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