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World Chess PLC ( (GB:CHSS) ) has shared an update.
World Chess PLC has announced the release of a new episode of its flagship television property, The World Chess Show, which will air in over 100 markets worldwide. The episode, focusing on the issue of cheating in online chess, includes insights from former World Champion Vladimir Kramnik and Grandmaster Evgenij Miroshnichenko. This initiative is part of World Chess’s broader strategy to consolidate its products under a single global domain and reach a wider audience, reinforcing its position in the chess entertainment industry.
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 and weak technical indicators. While recent corporate events show strategic initiatives and potential for growth, the company’s financial instability and negative valuation metrics weigh heavily on its overall 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, and an official commercial partner of the Fédération Internationale des Échecs (FIDE). The company is known for organizing FIDE Championship Matches in the USA and the UK, and for its significant media partnerships in chess history. World Chess develops the Armageddon chess league for prime-time television and operates the FIDE Online Arena, an exclusive official chess gaming platform.
Average Trading Volume: 1,639,891
Technical Sentiment Signal: Sell
Current Market Cap: £17.59M
Learn more about CHSS stock on TipRanks’ Stock Analysis page.