Press coverage about Phoenix New Media Limited (NYSE:FENG) has been trending somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Phoenix New Media Limited earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the information services provider an impact score of 45.3011411852865 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

Shares of Phoenix New Media Limited (FENG) opened at 5.84 on Friday. The company has a market capitalization of $449.86 million, a PE ratio of 43.26 and a beta of 1.11. Phoenix New Media Limited has a 52 week low of $2.43 and a 52 week high of $6.73. The company has a 50-day moving average price of $5.23 and a 200-day moving average price of $3.62.

Phoenix New Media Limited (NYSE:FENG) last announced its earnings results on Tuesday, August 15th. The information services provider reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.09. The business had revenue of $58.00 million for the quarter, compared to analysts’ expectations of $54.49 million. Phoenix New Media Limited had a return on equity of 3.00% and a net margin of 4.39%. The business’s revenue for the quarter was up 29.8% on a year-over-year basis. During the same period last year, the firm posted $0.01 earnings per share. Analysts predict that Phoenix New Media Limited will post ($0.08) earnings per share for the current year.

Separately, BidaskClub cut Phoenix New Media Limited from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th.

ILLEGAL ACTIVITY WARNING: “Phoenix New Media Limited (FENG) Receiving Somewhat Positive Press Coverage, Accern Reports” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another publication, it was stolen and republished in violation of United States & international copyright and trademark laws. The correct version of this report can be viewed at https://www.thecerbatgem.com/2017/10/07/phoenix-new-media-limited-feng-receiving-somewhat-positive-press-coverage-accern-reports.html.

About Phoenix New Media Limited

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.

Insider Buying and Selling by Quarter for Phoenix New Media Limited (NYSE:FENG)

Receive News & Stock Ratings for Phoenix New Media Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phoenix New Media Limited and related stocks with our FREE daily email newsletter.