World Chess (LON:CHSS) Trading Down 5.7% – Here’s What Happened
by Sarita Garza · The Markets DailyWorld Chess PLC (LON:CHSS – Get Free Report) traded down 5.7% during trading on Tuesday . The company traded as low as GBX 0.33 and last traded at GBX 0.33. Approximately 8,158 shares traded hands during trading, a decline of 100% from the average session volume of 1,757,854 shares. The stock had previously closed at GBX 0.35.
World Chess Price Performance
The company’s 50-day moving average is GBX 0.28 and its 200-day moving average is GBX 0.40. The firm has a market capitalization of £3.60 million, a price-to-earnings ratio of -0.66 and a beta of 1.35.
About World Chess
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.