CBS Corp. (OTCMKTS:CBS.A – Get Free Report) shares dropped 0.3% on Tuesday . The company traded as low as $22.51 and last traded at $22.64. Approximately 12,853 shares changed hands during trading, an increase of 22% from the average daily volume of 10,506 shares. The stock had previously closed at $22.71.
CBS Stock Performance
The stock has a market capitalization of $8.48 billion, a P/E ratio of 2.93 and a beta of 1.08. The stock’s fifty day simple moving average is $22.61 and its two-hundred day simple moving average is $22.35.
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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