Somewhat Positive Media Coverage Somewhat Unlikely to Impact Phoenix New Media (FENG) Share Price

Media coverage about Phoenix New Media (NYSE:FENG) has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Phoenix New Media earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the information services provider an impact score of 46.148270222661 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

NYSE FENG traded up $0.15 on Tuesday, hitting $4.20. The stock had a trading volume of 202,682 shares, compared to its average volume of 335,483. Phoenix New Media has a one year low of $2.43 and a one year high of $8.14. The company has a current ratio of 2.09, a quick ratio of 2.15 and a debt-to-equity ratio of 0.01. The stock has a market cap of $293.29, a price-to-earnings ratio of 58.43 and a beta of 1.48.

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

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Phoenix New Media Company Profile

Phoenix New Media Limited provides content on an integrated platform across Internet, mobile, and TV channels in the People's Republic of China. It offers content and services through three channels, including ifeng.com channel, television channel, and mobile channel, as well as transmits content to TV viewers, primarily through Phoenix TV.

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