Phoenix New Media (FENG) Receives Daily News Impact Rating of 0.31
News coverage about Phoenix New Media (NYSE:FENG) has trended positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Phoenix New Media earned a news impact score of 0.31 on Accern’s scale. Accern also assigned media coverage about the information services provider an impact score of 45.4626484780829 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.
Phoenix New Media (NYSE:FENG) traded up $0.01 on Friday, hitting $5.47. The company’s stock had a trading volume of 235,893 shares, compared to its average volume of 327,596. Phoenix New Media has a 1 year low of $2.43 and a 1 year high of $8.14. The firm has a market cap of $392.24, a P/E ratio of 42.08 and a beta of 1.22. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.15 and a quick ratio of 2.15.
Several research firms have issued reports on FENG. Macquarie raised Phoenix New Media from a “neutral” rating to an “outperform” rating in a research note on Tuesday, November 14th. BidaskClub downgraded Phoenix New Media from a “buy” rating to a “hold” rating in a research note on Saturday, October 28th.
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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