CBS Corp. (OTCMKTS:CBS.A – Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $22.21 and last traded at $22.54, with a volume of 43588 shares trading hands. The stock had previously closed at $22.35.
CBS Stock Performance
The company’s fifty day simple moving average is $20.54 and its two-hundred day simple moving average is $21.24. The company has a market capitalization of $8.62 billion, a price-to-earnings ratio of 2.98 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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