CBS Corp. (OTCMKTS:CBS.A - Get Free Report) was down 0.4% during trading on Friday . The company traded as low as $22.45 and last traded at $22.58. Approximately 8,055 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 10,506 shares. The stock had previously closed at $22.67.
CBS Stock Performance
The firm has a market cap of $8.46 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The business's 50 day moving average price is $22.61 and its 200 day moving average price is $22.57.
CBS Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider CBS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CBS wasn't on the list.
While CBS currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
