World Chess (LON:CHSS) Shares Down 9.1% – What’s Next?

Shares of World Chess PLC (LON:CHSS – Get Free Report) dropped 9.1% on Thursday . The stock traded as low as GBX 0.50 and last traded at GBX 0.50. 109,234 shares were traded during trading, a decline of 94% from the average session volume of 1,879,284 shares. The stock had previously closed at GBX 0.55.

World Chess Price Performance

The business has a fifty day moving average of GBX 0.37 and a 200-day moving average of GBX 0.34. The stock has a market capitalization of £5.45 million, a price-to-earnings ratio of -1.00 and a beta of 1.39.

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World Chess Company Profile

(Get Free Report)

World Chess (LSE: CHSS) is a London-listed chess entertainment company and the official commercial partner of the International Chess Federation (FIDE).

The Company’s mission is to establish chess as a mainstream spectator sport — building the infrastructure, platform, and content to serve the game’s 600 million players worldwide.

The Platform:

World Chess operates worldchess.com, FIDE’s official online platform, with over one million registered users. The platform offers FIDE-rated play, official titles, and is the only online destination where players can earn ratings recognised by the governing body of world chess.

The World Chess Show is the Company’s flagship broadcast product, distributed across 50+ markets.

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