Shares of CBS Corp. (OTCMKTS:CBS.A - Get Free Report) were down 1.2% during trading on Wednesday . The company traded as low as $22.85 and last traded at $22.90. Approximately 12,296 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 10,506 shares. The stock had previously closed at $23.18.
CBS Stock Performance
The business's 50 day moving average is $22.53 and its 200 day moving average is $22.41. The company has a market capitalization of $8.51 billion, a price-to-earnings ratio of 2.94 and a beta of 1.08.
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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