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The latest update is out from World Chess PLC ( (GB:CHSS) ).
World Chess PLC has announced a partnership with the Chess Federation of Tajikistan to host the President’s Cup 2025, marking a significant step in its international expansion strategy. This collaboration will see World Chess provide tournament infrastructure and digital services for the event, which includes eight national online qualifiers on worldchess.com. The partnership extends beyond tournaments to include online training, fair-play initiatives, and digital learning programs, reflecting the growing popularity of World Chess’s platform and its aim to become the preferred digital partner for chess federations worldwide.
The most recent analyst rating on (GB:CHSS) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on World Chess PLC stock, see the GB:CHSS Stock Forecast page.
Spark’s Take on GB:CHSS Stock
According to Spark, TipRanks’ AI Analyst, GB:CHSS is a Neutral.
World Chess PLC’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, net losses, and high leverage. Technical analysis provides a slightly more positive outlook with some bullish momentum, but the stock remains below key moving averages. Valuation is weak due to a negative P/E ratio and lack of dividend yield, further weighing down the score.
To see Spark’s full report on GB:CHSS stock, click here.
More about World Chess PLC
World Chess PLC is a London-based chess gaming and entertainment company, known for being the official commercial partner of the Fédération Internationale des Échecs (FIDE). The company organizes major chess events such as the FIDE Championship Matches and has made significant strides in media partnerships within the chess industry. It also develops the Armageddon chess league for television and operates the FIDE Online Arena, an exclusive official chess gaming platform.
Average Trading Volume: 2,285,159
Technical Sentiment Signal: Sell
Current Market Cap: £11.87M
For an in-depth examination of CHSS stock, go to TipRanks’ Overview page.