Phoenix New Media (FENG) Receiving Somewhat Positive News Coverage, Analysis Shows
News stories about Phoenix New Media (NYSE:FENG) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty 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 0.14 on Accern’s scale. Accern also gave media stories about the information services provider an impact score of 45.5893585916075 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of equities analysts have commented on FENG shares. BidaskClub upgraded shares of Phoenix New Media from a “hold” rating to a “buy” rating in a research report on Tuesday, September 19th. Macquarie upgraded shares of Phoenix New Media from a “neutral” rating to an “outperform” rating in a research report on Tuesday, November 14th.
Phoenix New Media (NYSE:FENG) opened at $6.79 on Tuesday. The company has a market cap of $511.28, a price-to-earnings ratio of 54.85 and a beta of 1.19. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.15 and a current ratio of 2.15. Phoenix New Media has a 12-month low of $2.43 and a 12-month high of $8.14.
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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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