Insider Selling: World Chess PLC (LON:CHSS) Insider Sells 2,300,000 Shares of Stock

World Chess PLC (LON:CHSSGet Free Report) insider Ilya Merenzon sold 2,300,000 shares of World Chess stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of GBX 3 ($0.04), for a total value of £69,000 ($92,629.88).

Ilya Merenzon also recently made the following trade(s):

  • On Thursday, June 19th, Ilya Merenzon sold 3,200,000 shares of World Chess stock. The shares were sold at an average price of GBX 3 ($0.04), for a total value of £96,000 ($128,876.36).
  • On Friday, June 20th, Ilya Merenzon sold 2,200,000 shares of World Chess stock. The stock was sold at an average price of GBX 3 ($0.04), for a total value of £66,000 ($88,602.50).
  • On Tuesday, June 17th, Ilya Merenzon sold 4,740,000 shares of World Chess stock. The stock was sold at an average price of GBX 3 ($0.04), for a total value of £142,200 ($190,898.11).
  • On Wednesday, June 4th, Ilya Merenzon sold 2,500,000 shares of World Chess stock. The stock was sold at an average price of GBX 3 ($0.04), for a total value of £75,000 ($100,684.66).
  • On Friday, June 6th, Ilya Merenzon sold 2,600,000 shares of World Chess stock. The shares were sold at an average price of GBX 4 ($0.05), for a total transaction of £104,000 ($139,616.06).
  • On Monday, June 9th, Ilya Merenzon sold 1,800,000 shares of World Chess stock. The shares were sold at an average price of GBX 4 ($0.05), for a total transaction of £72,000 ($96,657.27).
  • On Thursday, June 12th, Ilya Merenzon sold 5,000,000 shares of World Chess stock. The stock was sold at an average price of GBX 3 ($0.04), for a total transaction of £150,000 ($201,369.31).
  • On Tuesday, May 13th, Ilya Merenzon bought 20,000,000 shares of World Chess stock. The stock was acquired at an average price of GBX 3 ($0.04) per share, with a total value of £600,000 ($805,477.25).

World Chess Price Performance

CHSS stock traded down GBX 0.50 ($0.01) on Monday, reaching GBX 2.50 ($0.03). 4,372,021 shares of the company were exchanged, compared to its average volume of 1,069,072. World Chess PLC has a 12 month low of GBX 2.50 ($0.03) and a 12 month high of GBX 18 ($0.24). The firm has a market capitalization of £20.75 million and a PE ratio of -4.91. The stock’s fifty day moving average price is GBX 3.29 and its 200 day moving average price is GBX 3.88.

World Chess Company Profile

(Get Free Report)

World Chess (LSE: CHSS) is a London-based chess gaming and entertainment company and International Chess Federation (‘FIDE’) official commercial partner.

The Company’s vision is to build a global, leading intellectual sports brand by reinventing chess for the modern consumer. World Chess intends to do this by becoming the leading platform for the global chess community through online, in person and hybrid chess events and activities, and by providing complementary product offerings to players, spectators, and partners through its ecosystem, which is made up of the following pillars.

FIDE Gaming Platform

World Chess runs FIDE Chess Arena, the exclusive official gaming platform of FIDE and has the official rights to offer its players the official ratings and titles, recognised by FIDE.

Events and Competitions

The Company is experienced in organising events and competitions to promote the sport including the organisation of three World Chess Championship matches.

Recently, World Chess developed and launched the Armageddon Series, the chess league for prime-time television.

See Also

Insider Buying and Selling by Quarter for World Chess (LON:CHSS)

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