CBS (OTCMKTS:CBS.A) Reaches New 12-Month Low – Here’s Why

CBS Corp. (OTCMKTS:CBS.AGet Free Report) hit a new 52-week low on Monday . The company traded as low as $22.61 and last traded at $22.78, with a volume of 22841 shares traded. The stock had previously closed at $22.76.

CBS Price Performance

The business has a 50-day simple moving average of $22.07 and a two-hundred day simple moving average of $21.55. The stock has a market cap of $8.54 billion, a price-to-earnings ratio of 2.95 and a beta of 1.08.

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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