Paramount Global (NASDAQ:PARAA – Get Rating) saw an uptick in trading volume on Tuesday . 2,105 shares changed hands during mid-day trading, a decline of 97% from the previous session’s volume of 76,023 shares.The stock last traded at 25.33 and had previously closed at 25.56.
Paramount Global Stock Performance
The firm’s 50-day moving average price is 27.47 and its two-hundred day moving average price is 31.60. The firm has a market capitalization of $15.61 billion, a PE ratio of 4.65 and a beta of 1.40. The company has a quick ratio of 1.33, a current ratio of 1.47 and a debt-to-equity ratio of 0.68.
Paramount Global (NASDAQ:PARAA – Get Rating) last released its earnings results on Thursday, August 4th. The company reported 0.64 earnings per share for the quarter. The business had revenue of 7.78 billion for the quarter. Paramount Global had a net margin of 11.60% and a return on equity of 6.73%.
Paramount Global Announces Dividend
Institutional Trading of Paramount Global
An institutional investor recently bought a new position in Paramount Global stock. Captrust Financial Advisors bought a new stake in Paramount Global (NASDAQ:PARAA – Get Rating) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,532 shares of the company’s stock, valued at approximately $42,000. Institutional investors and hedge funds own 1.13% of the company’s stock.
About Paramount Global
Paramount Global operates as a media and entertainment company worldwide. The company distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids' programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24-hour cable channel that provides sports and related content, as well as streaming and cable subscription services.
- Get a free copy of the StockNews.com research report on Paramount Global (PARAA)
- The Worst May be Over for Target, But is the Stock Safe to Buy?
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Two Fun Stocks The Insiders Are Buying
- Novavax Remains a Risk-On Stock in a Risk-Off Market
- 3 Defensive Stocks With 60-Year Dividend Hike Streaks
Receive News & Ratings for Paramount Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paramount Global and related companies with MarketBeat.com's FREE daily email newsletter.