World Chess (LON:CHSS) Reaches New 1-Year Low – Here’s Why

World Chess PLC (LON:CHSSGet Free Report)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 0.20 and last traded at GBX 0.25, with a volume of 7429 shares. The stock had previously closed at GBX 0.23.

World Chess Trading Up 2.7%

The firm has a market capitalization of £2.52 million, a P/E ratio of -0.46 and a beta of 1.10. The company has a 50-day moving average of GBX 0.33 and a 200-day moving average of GBX 0.54.

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.

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