CBS (OTCMKTS:CBS.A) Reaches New 52-Week Low – Here’s What Happened

CBS Corp. (OTCMKTS:CBS.AGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $21.74 and last traded at $21.84, with a volume of 19238 shares trading hands. The stock had previously closed at $21.78.

CBS Stock Performance

The stock’s 50-day moving average is $22.22 and its 200 day moving average is $21.59. The stock has a market capitalization of $8.16 billion, a PE ratio of 2.82 and a beta of 1.08.

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.

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