CBS (OTCMKTS:CBS.A) Hits New 52-Week Low – Time to Sell?

CBS Corp. (OTCMKTS:CBS.AGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $21.90 and last traded at $22.03, with a volume of 37162 shares changing hands. The stock had previously closed at $22.01.

CBS Stock Performance

The company has a market capitalization of $8.26 billion, a price-to-earnings ratio of 2.83 and a beta of 1.08. The business’s 50 day moving average is $22.31 and its 200 day moving average is $21.59.

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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