Large Inflow of Money Witnessed in CBS Corporation

CBS Corporation (NYSE:CBS) dropped -0.31% or -0.17 points to trade at $53.85 per share. As per the latest trading data available, the net money flow stood at $0.87 million as the shares received $1.09 million in upticks and gave away $0.23 million in downticks. The final up/down ratio was at 4.85. On a weekly basis, the stock has seen a change of 0.22%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 0. $0.94 million was the inflow in upticks and $0 million was the outflow in downticks. For the block trade, the net money flow was $0.94 million.


The stock has recorded a 20-day Moving Average of 0.54% and the 50-Day Moving Average is 1.8%. The company shares have dropped 7.01% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $58.61 and one year low was seen on September 29, 2015 at $38.51. The 50-day moving average is $54.31 and the 200 day moving average is recorded at $50.92. S&P 500 has rallied 1.93% during the last 52-weeks.

CBS Corporation (NYSE:CBS): The stock opened at $54.03 on Tuesday but the bulls could not build on the opening and the stock topped out at $54.09 for the day. The stock traded down to $52.82 during the day, due to lack of any buying support eventually closed down at $53.44 with a loss of -1.07% for the day. The stock had closed at $54.02 on the previous day. The total traded volume was 3,064,349 shares.

Currently the company Insiders own 1.67% of CBS Corporation shares according to the proxy statements. Institutional Investors own 78.35% of CBS Corporation shares. On the companys insider trading activities, Ambrosio Anthony G, officer (Sr.EVP Chief Admin & HR Ofcr) of Cbs Corp, unloaded 8,500 shares at an average price of $54.86 on June 1, 2016. The total amount of the transaction was worth $466,310, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

CBS Corporation is a mass media company. The Company operates through segments, including Entertainment, Cable Networks, Publishing and Local Broadcasting. The Entertainment segment is composed of the CBS Television Network, CBS Television Studios, CBS Global Distribution Group, CBS Interactive and CBS Films. The Cable Networks segment is composed of Showtime Networks, which operates program services, such as Showtime, The Movie Channel, and Flix; CBS Sports Network, and Smithsonian Networks, which operates a program service, Smithsonian Channel. The Publishing segment is composed of Simon & Schuster, which publishes and distributes consumer books under imprints such as Simon & Schuster, Pocket Books, Scribner and Atria Books. The Local Broadcasting segment is composed of CBS Television Stations, the Companys 30 owned broadcast television stations, and CBS Radio, through which the Company owns and operates 117 radio stations in 26 United States markets.

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