Phoenix New Media Ltd ADR (FENG) stock has fallen 18.42% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Phoenix New Media Ltd ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FENG!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With FENG Stock Today?
Phoenix New Media Ltd ADR (FENG) stock has fallen -22.5% while the S&P 500 has risen 0.6% as of 2:40 PM on Tuesday, Nov 16. FENG is lower by -$0.36 from the previous closing price of $1.60 on volume of 799,163 shares. Over the past year the S&P 500 has gained 29.89% while FENG is lower by -23.46%. FENG earned $0.90 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.39.
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More About Phoenix New Media Ltd ADR
Phoenix New Media Ltd is a media company providing premium content on an integrated platform across the internet, mobile and TV channels in China. The company organizes its operations into two main segments: Net advertising services and Paid services. It provides its content and services through three major channels: ifeng.com channel, video channel and mobile channel. The company also offers a wide range of paid services including mobile value-added services, games, and content sales. It generates the majority of its revenue from Net advertising services. Geographically, it derives revenue from China.
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