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

CBS Corp. (OTCMKTS:CBS.AGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as $22.38 and last traded at $22.40, with a volume of 63032 shares. The stock had previously closed at $22.67.

CBS Stock Down 1.2 %

The firm has a market capitalization of $8.39 billion, a price-to-earnings ratio of 2.94 and a beta of 1.08. The company’s fifty day moving average is $22.01 and its two-hundred day moving average is $21.53.

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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