World Chess (LON:CHSS) Stock Price Down 3.2% – Here’s Why

World Chess PLC (LON:CHSSGet Free Report) dropped 3.2% during mid-day trading on Thursday . The stock traded as low as GBX 0.30 and last traded at GBX 0.30. Approximately 525,000 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 2,078,955 shares. The stock had previously closed at GBX 0.31.

World Chess Stock Down 4.0%

The firm’s 50-day moving average price is GBX 0.37 and its 200-day moving average price is GBX 0.61. The company has a market cap of £2.62 million, a P/E ratio of -0.48 and a beta of 1.10.

About World Chess

(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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