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Phoenix New Media Limited (NYSE:FENG) has been upgraded from Neutral to Outperform in a statement by Macquarie earlier today.

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

Boasting a price of $5.44, Phoenix New Media Limited (NYSE:FENG) traded 0.00% even on the day. With the last close up -8.33% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Phoenix New Media Limited has recorded a 50-day average of $3.77 and a two hundred day average of $3.93. Volume of trade was down over the average, with 3,300 shares of FENG changing hands under the typical 78,711

Recent Performance Chart

Phoenix New Media Limited (NYSE:FENG)

Phoenix New Media Limited has PE ratio of 23.84 with a one year low of $3.31 and a one year high of $6.19 and has a market capitalization of $0.

General Company Details For Phoenix New Media Limited (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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