World Chess (LON:CHSS) Shares Up 9.1% – What’s Next?

Shares of World Chess PLC (LON:CHSS) rose 9.1% on Tuesday . The stock traded as high as GBX 0.30 and last traded at GBX 0.30. 1,000,000 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 1,915,236 shares. The stock had previously closed at GBX 0.28.

World Chess Trading Up 9.1%

The company has a 50-day moving average price of GBX 0.28 and a 200 day moving average price of GBX 0.44. The stock has a market capitalization of £3.27 million, a P/E ratio of -0.60 and a beta of 1.39.

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.