The 36-month beta value for FENG is at 0.75. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FENG is 5.46M, and currently, shorts hold a 0.56% of that float. The average trading volume for FENG on April 30, 2024 was 65.82K shares.
FENG) stock’s latest price update
The stock price of Phoenix New Media Ltd ADR (NYSE: FENG) has jumped by 20.57 compared to previous close of 1.75. Despite this, the company has seen a gain of 13.44% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-13 that Phoenix New Media Limited (FENG) Q4 2023 Earnings Call Transcript
FENG’s Market Performance
Phoenix New Media Ltd ADR (FENG) has seen a 13.44% rise in stock performance for the week, with a 8.76% gain in the past month and a 44.52% surge in the past quarter. The volatility ratio for the week is 7.02%, and the volatility levels for the past 30 days are at 7.16% for FENG. The simple moving average for the past 20 days is 9.40% for FENG’s stock, with a 42.12% simple moving average for the past 200 days.
FENG Trading at 19.52% from the 50-Day Moving Average
After a stumble in the market that brought FENG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.03% of loss for the given period.
Volatility was left at 7.16%, however, over the last 30 days, the volatility rate increased by 7.02%, as shares surge +10.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +45.52% upper at present.
During the last 5 trading sessions, FENG rose by +13.44%, which changed the moving average for the period of 200-days by +17.88% in comparison to the 20-day moving average, which settled at $1.9400. In addition, Phoenix New Media Ltd ADR saw 55.15% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FENG
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.33 for the gross margin
The net margin for Phoenix New Media Ltd ADR stands at -0.16. The total capital return value is set at -0.1. Equity return is now at value -8.14, with -5.46 for asset returns.
The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 8.31.
Currently, EBITDA for the company is -99.45 million with net debt to EBITDA at 4.15. When we switch over and look at the enterprise to sales, we see a ratio of -0.42. The receivables turnover for the company is 1.97for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.81.
Conclusion
In conclusion, Phoenix New Media Ltd ADR (FENG) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
