CBS (OTCMKTS:CBS.A) Trading 0.7% Higher – What’s Next?

Shares of CBS Corp. (OTCMKTS:CBS.AGet Free Report) shot up 0.7% during trading on Thursday . The company traded as high as $22.80 and last traded at $22.78. 28,030 shares changed hands during trading, an increase of 167% from the average session volume of 10,506 shares. The stock had previously closed at $22.62.

CBS Stock Down 0.2 %

The firm has a market capitalization of $8.49 billion, a PE ratio of 2.93 and a beta of 1.08. The stock’s fifty day simple moving average is $22.64 and its 200 day simple moving average is $22.37.

CBS Company Profile

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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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