CBS (OTCMKTS:CBS.A) Sets New 52-Week Low – What’s Next?

CBS Corp. (OTCMKTS:CBS.AGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $22.14 and last traded at $22.15, with a volume of 29598 shares traded. The stock had previously closed at $22.34.

CBS Price Performance

The company has a fifty day moving average price of $21.94 and a 200 day moving average price of $21.57. The company has a market cap of $8.30 billion, a PE ratio of 2.89 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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