CBS (OTCMKTS:CBS.A) Shares Down 0.4% – Time to Sell?

CBS Corp. (OTCMKTS:CBS.AGet Free Report) was down 0.4% during trading on Friday . The company traded as low as $22.45 and last traded at $22.58. Approximately 8,055 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 10,506 shares. The stock had previously closed at $22.67.

CBS Stock Performance

The firm has a market cap of $8.46 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The business’s 50 day moving average price is $22.61 and its 200 day moving average price is $22.57.

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.

Further Reading

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