NASDAQ:LIZI - Phoenix Tree Stock Price, Forecast & News

Phoenix Tree trades on the NASDAQ under the ticker symbol "LIZI."

2 analysts have issued 1 year target prices for Phoenix Tree's stock. Their forecasts range from $15.00 to $19.00. On average, they anticipate Phoenix Tree's stock price to reach $17.00 in the next year. This suggests a possible upside of 84.4% from the stock's current price. View Analyst Price Targets for Phoenix Tree.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phoenix Tree in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Phoenix Tree.

Media coverage about LIZI stock has trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Phoenix Tree earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Phoenix Tree.

Some companies that are related to Phoenix Tree include Eventbrite (EB), Qutoutiao (QTT), Internet Initiative Japan (IIJIY), Health Catalyst (HCAT), Model N (MODN), HealthStream (HSTM), The Rubicon Project (RUBI), Aurora Mobile (JG), TrueCar (TRUE), Jianpu Technology (JT), Pintec Technology (PT), Sify Technologies (SIFY), Synacor (SYNC), GigaMedia (GIGM) and Lianluo Smart (MOXC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Phoenix Tree investors own include Enbridge (ENB), Inseego (INSG) and Endo International (ENDP).

(LIZI) raised $49 million in an initial public offering on Friday, January 17th 2020. The company issued 4,100,000 shares at a price of $11.00-$13.00 per share. Citigroup acted as the underwriter for the IPO and Haitong International, AMTD, Needham, Tiger Brokers, China Merchants Securities (HK), Valuable Capital and Prime Number Capital were co-managers.

Phoenix Tree's quiet period expired on Wednesday, February 26th. Phoenix Tree had issued 4,100,000 shares in its public offering on January 17th. The total size of the offering was $45,100,000 based on an initial share price of $11.00. During the company's quiet period, underwriters and any insiders involved in the IPO were prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

Shares of LIZI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of LIZI stock can currently be purchased for approximately $9.22.

Phoenix Tree has a market capitalization of $421.66 million. Phoenix Tree employs 620 workers across the globe.View Additional Information About Phoenix Tree.

The official website for Phoenix Tree is http://www.lizhi.fm/.

Phoenix Tree's mailing address is YANGCHENG CREATIVE INDUSTRY ZONE NO.309 HUANGPU AVENUE MIDDLE, TIANHE DISTRICT GUANGZHOU F4, 510655. The company can be reached via phone at 86-20-8381-8791 or via email at [email protected]