PARAA Paramount Global
Paramount Global (PARAA) historical chart and research on Trade The Path. This listing is no longer trading, so there is no current buy or target. Sector: Communication Services. Listed on NASDAQ Global Select. The page stays for history. Current suggestions and alerts use a live successor when there is one.
Mid-channel, rising this year inside a going sideways 1.862805386447235-year channel
Price is between the two trend lines. Nothing to act on yet.
The next few months are read from the last 1.9 years, the stretch whose swings the lines actually follow, because the last 12 months alone do not contain enough turns to fit reliably (78% against 88%). The last 12 months stay as context: rising, +4% a year. The nearest ceiling overhead is US$19.38, from the last 1.9 years. What would overturn this: a close below US$14.87 โ the floor of the channel being read โ after which the trend, not the entry, is what was wrong.
- 1.9 years read from
- US$14.87 โ US$19.38 Sideways channel, +2% a year
- 12 months
- US$20.86 โ US$21.10 Rising channel, +4% a year
- Position in that channel
- 44% 0% at the floor, 100% at the ceiling
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (1.9 years)
- Lower trend line (1.9 years)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
No trade suggested right now
This listing is no longer trading, so it cannot be a current suggestion or alert. The chart and company research stay here for history.
The live successor is PSKY.
About Paramount Global
Paramount Global is a worldwide media and entertainment conglomerate. The company broadcasts a diverse range of scheduled content, including news, public affairs programming, sports, and general entertainment. It is responsible for developing, acquiring, and scheduling an extensive lineup for the CBS Television Network, which features popular primetime comedies and dramas, reality series, special events, children's programming, daytime serials, game shows, and late-night offerings. Additionally, Paramount Global produces or distributes talk shows, court shows, game shows, and newsmagazines, and owns and operates 29 local broadcast television stations. The firm also manages the CBS Sports Network, a 24-hour cable channel dedicated to sports and related content, alongside offering various streaming and cable subscription services. Its digital footprint includes Paramount+, a subscription video-on-demand (SVOD) and live streaming platform. Paramount Global creates and obtains programming for distribution across a multitude of platforms, encompassing paid cable networks, subscription streaming services, and both premium and basic cable channels. Furthermore, the company develops, produces, finances, acquires, and distributes feature films. Originally incorporated in 1986, the enterprise was formerly known as ViacomCBS Inc. before officially changing its name to Paramount Global in February 2022. Headquartered in New York, New York, Paramount Global operates as a subsidiary of National Amusements, Inc.
- Sector
- Communication Services
- Industry
- Entertainment
- CEO
- Brian Robbins
- Employees
- 18,600
- Country
- US
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings โ that data is licensed and we do not redistribute it.
- Valuation
- โ
- Profitability
- โ
- Financial health
- โ
- Cash generation
- โ
Key statistics
- Market cap
- US$7.68B
- Enterprise value
- โ
- Beta
- 1.19
- Avg volume
- 43.50K
- Revenue per share
- โ
- Dividend yield
- โ
- 52-week range
- 16.7-24.5
- Exchange
- NASDAQ
Key ratios
- P/E (TTM)
- โ
- PEG
- โ
- Price / sales
- โ
- Price / book
- โ
- EV / EBITDA
- โ
- Gross margin
- โ
- Operating margin
- โ
- Net margin
- โ
- Current ratio
- โ
- Quick ratio
- โ
- Debt / equity
- โ
- Interest cover
- โ
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.