World Chess (LON:CHSS) Stock Price Down 11.1% – Should You Sell?

Shares of World Chess PLC (LON:CHSSGet Free Report) dropped 11.1% on Wednesday . The stock traded as low as GBX 0.20 and last traded at GBX 0.20. Approximately 150,000 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 2,068,748 shares. The stock had previously closed at GBX 0.23.

World Chess Trading Down 11.1%

The company has a 50-day moving average price of GBX 0.32 and a two-hundred day moving average price of GBX 0.53. The stock has a market capitalization of £2.18 million, a P/E ratio of -0.40 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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