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World Chess PLC ( (GB:CHSS) ) has issued an announcement.
World Chess PLC, in partnership with it.com Domains, has received a W3 Award for their innovative chess event ‘Hans Niemann vs. You’ held at the Web Summit 2024. This event, which involved over 106,638 participants from 132 countries, showcased the potential of chess in digital spaces by integrating AI and real-time global participation, marking a significant evolution in how chess can engage audiences beyond traditional formats.
The most recent analyst rating on (GB:CHSS) stock is a Sell 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 Underperform.
World Chess PLC’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, persistent net losses, and high leverage. Technical analysis indicates a bearish trend, further weighing on the stock’s outlook. Valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield, reflecting ongoing financial struggles.
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 media and gaming company and an official commercial partner of the International Chess Federation (FIDE). The company focuses on modernizing chess through digital and in-person formats, including chessarena.com, which offers FIDE-recognized online ratings, the Armageddon Championship Series, and global activations at the intersection of sport, technology, and design.
Average Trading Volume: 2,463,658
Technical Sentiment Signal: Sell
Current Market Cap: £15.83M
See more data about CHSS stock on TipRanks’ Stock Analysis page.