CBS (OTCMKTS:CBS.A) Stock Price Up 1% – Here’s Why

CBS Corp. (OTCMKTS:CBS.AGet Free Report)’s share price traded up 1% during mid-day trading on Monday . The company traded as high as $22.55 and last traded at $22.47. 30,749 shares were traded during trading, an increase of 193% from the average session volume of 10,506 shares. The stock had previously closed at $22.24.

CBS Stock Performance

The firm has a fifty day moving average price of $22.46 and a 200 day moving average price of $21.98. The company has a market cap of $8.42 billion, a price-to-earnings ratio of 2.91 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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