Shares of CBS Corp. (OTCMKTS:CBS.A – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $23.46 and last traded at $23.46, with a volume of 22717 shares changing hands. The stock had previously closed at $23.59.
CBS Price Performance
The firm’s fifty day simple moving average is $22.19 and its 200 day simple moving average is $21.60. The company has a market capitalization of $8.79 billion, a price-to-earnings ratio of 3.06 and a beta of 1.08.
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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