Shares of CBS Corporation (CBS) Sees Large Inflow of Net Money Flow

CBS Corporation (CBS) : Mondays money flow indicated an uptick to downtick ratio was at 1.14. The total value of inflow transactions on upticks was $11.64 million, whereas, the total value of outflow trades on downticks was $10.23 million. The total money flow was $1.41 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.67 million. The total value of the trades done on upticks was $1.67 million. CBS Corporation (CBS) was trading with a -0.64% change over previous days close. It fell $0.36 during the day and reached $55.5. The stock was -2.78% compared to the previous weeks close.


CBS Corporation is up 1.32% in the last 3-month period. Year-to-Date the stock performance stands at 16.71%. CBS Corporation has dropped 4.94% in the last five trading days, however, the shares have posted positive gains of 0.39% in the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the Officer (Sr.Evp Chief Admin & Hr Ofcr) of CBS CORP, Ambrosio Anthony G had sold 8,500 shares worth of $448,460 in a transaction dated June 29, 2016. In this transaction, 8,500 shares were sold at $52.76 per share.

CBS Corporation (NYSE:CBS): On Mondays trading session , Opening price of the stock was $55.9 with an intraday high of $55.96. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $54.67. However, the stock managed to close at $54.69, a loss of 2.08% for the day. On the previous day, the stock had closed at $55.85. The total traded volume of the day was 6,549,627 shares.

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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