Phoenix New Media (NYSE:FENG) Earning Somewhat Favorable News Coverage, Study Finds

Press coverage about Phoenix New Media (NYSE:FENG) has been trending somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. 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 0.15 on Accern’s scale. Accern also assigned news articles about the information services provider an impact score of 46.7830624976667 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

FENG stock traded down $0.05 during midday trading on Thursday, reaching $4.19. 131,344 shares of the company’s stock traded hands, compared to its average volume of 328,499. 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 $301.17, a P/E ratio of 60.00 and a beta of 1.48. Phoenix New Media has a 52-week low of $2.43 and a 52-week high of $8.14.

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

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About Phoenix New Media

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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