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Macquarie Research upgraded Phoenix New Media (NYSE:FENG) from Neutral to Outperform in a report released today.

Just yesterday Phoenix New Media (NYSE:FENG) traded 0.00% even at $6.17. Phoenix New Media’s 50-day moving average is $3.77 and its 200-day moving average is $3.93. The last stock price is up -8.33% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 3,300 shares of FENG traded hands, down from an average trading volume of 78,711

Macquarie Research has upgraded Phoenix New Media (NYSE:FENG) from Neutral to Outperform in a statement released on 11/14/2017.

Performance Chart

Phoenix New Media (NYSE:FENG)

With a total market value of $0, Phoenix New Media has price-earnings ratio of 23.84 with a 52 week low of $3.31 and a 52 week high of $6.19 .

About Phoenix New Media (NYSE:FENG)

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. It also transmits its UGC and in-house produced content to television viewers primarily through Phoenix TV. In addition to professionally produced content, content from Phoenix TV and its in-house produced content, the Company allows its users to UGC to its Websites and mobile applications. It operates in two segments: net advertising services and paid services. It provides its content and services through channels, including ifeng.com channel, video channel and mobile channel, and also transmits its content to television viewers, primarily through Phoenix TV. Together, these channels form a single converged platform providing integrated text, image and video content.

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