Media stories about Phoenix New Media Limited (NYSE:FENG) have been trending somewhat positive on Tuesday, Alpha One reports. The research firm, a subsidiary of Accern, ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Phoenix New Media Limited earned a media sentiment score of 0.12 on Alpha One’s scale. Alpha One also assigned news headlines about the information services provider an impact score of 50 out of 100, meaning that recent media coverage is somewhat likely to have an impact on the company’s share price in the near term.
Phoenix New Media Limited (FENG) traded down 2.82% during midday trading on Tuesday, hitting $2.76. 96,070 shares of the stock were exchanged. The company has a market cap of $212.60 million, a PE ratio of 38.87 and a beta of 1.06. Phoenix New Media Limited has a 12 month low of $2.76 and a 12 month high of $4.30. The firm’s 50 day moving average price is $3.12 and its 200 day moving average price is $3.44.
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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.
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