World Chess (LON:CHSS) Hits New 52-Week Low – What’s Next?

Shares of World Chess PLC (LON:CHSSGet Free Report) hit a new 52-week low on Wednesday . The stock traded as low as GBX 0.20 and last traded at GBX 0.24, with a volume of 6087093 shares traded. The stock had previously closed at GBX 0.25.

World Chess Stock Performance

The company has a 50 day moving average of GBX 0.30 and a two-hundred day moving average of GBX 0.50. The stock has a market capitalization of £2.94 million, a PE ratio of -0.54 and a beta of 1.10.

About World Chess

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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.

Further Reading

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