CBS (OTCMKTS:CBS.A) Reaches New 1-Year Low – Time to Sell?

CBS Corp. (OTCMKTS:CBS.AGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $21.73 and last traded at $21.80, with a volume of 14459 shares trading hands. The stock had previously closed at $21.77.

CBS Price Performance

The company has a fifty day moving average price of $22.13 and a two-hundred day moving average price of $21.54. The firm has a market cap of $8.17 billion, a price-to-earnings ratio of 2.82 and a beta of 1.08.

About CBS

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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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