World Chess (LON:CHSS) Shares Down 5.7% – Here’s What Happened

Shares of World Chess PLC (LON:CHSS) dropped 5.7% during trading on Tuesday . The company traded as low as GBX 0.33 and last traded at GBX 0.33. 8,158 shares changed hands during trading, a decline of 100% from the average daily volume of 1,757,854 shares. The stock had previously closed at GBX 0.35.

World Chess Trading Down 5.7%

The firm has a market capitalization of £3.60 million, a PE ratio of -0.66 and a beta of 1.35. The firm has a 50-day moving average of GBX 0.28 and a two-hundred day moving average of GBX 0.40.

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.