World Chess (LON:CHSS) Trading Down 14.9% – What’s Next?

World Chess PLC (LON:CHSS) traded down 14.9% during mid-day trading on Tuesday . The stock traded as low as GBX 0.20 and last traded at GBX 0.20. 393,475 shares were traded during trading, a decline of 82% from the average session volume of 2,200,216 shares. The stock had previously closed at GBX 0.24.

World Chess Trading Up 11.1%

The stock has a market cap of £2.72 million, a P/E ratio of -0.50 and a beta of 1.10. The business’s fifty day simple moving average is GBX 0.33 and its 200 day simple moving average is GBX 0.55.

World Chess Company Profile

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.