CBS Corp. (OTCMKTS:CBS.A – Get Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as $21.90 and last traded at $22.03, with a volume of 37162 shares changing hands. The stock had previously closed at $22.01.
CBS Stock Performance
The firm has a 50-day moving average price of $22.28 and a two-hundred day moving average price of $21.59. The firm has a market cap of $8.22 billion, a price-to-earnings ratio of 2.84 and a beta of 1.08.
About CBS
CBS Corporation operates as a mass media company worldwide. The company operates in four segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces theatrical films; and digital streaming services.
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