Paramount Global (NASDAQ:PARAA – Get Free Report) shares saw an uptick in trading volume on Wednesday . 46,386 shares traded hands during trading, an increase of 30% from the previous session’s volume of 35,794 shares.The stock last traded at $22.61 and had previously closed at $22.56.
Paramount Global Stock Performance
The company’s fifty day moving average price is $22.61 and its two-hundred day moving average price is $22.32. The firm has a market capitalization of $15.15 billion, a PE ratio of -2.76 and a beta of 1.63. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.10 and a current ratio of 1.27.
Paramount Global (NASDAQ:PARAA – Get Free Report) last released its quarterly earnings data on Friday, November 8th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.40 by $0.09. The company had revenue of $6.73 billion for the quarter, compared to analyst estimates of $6.87 billion. Paramount Global had a positive return on equity of 5.81% and a negative net margin of 18.89%. During the same period last year, the company posted $0.30 earnings per share. As a group, equities analysts expect that Paramount Global will post 2.25 earnings per share for the current year.
Institutional Trading of Paramount Global
About Paramount Global
Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and ChilevisiĆ³n; domestic premium and basic cable networks, such as Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET Media Group, and CBS Sports Network; and international extensions of these brands.
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