World Chess PLC (LON:CHSS – Get Free Report) insider Ilya Merenzon sold 5,000,000 shares of the firm’s stock in a transaction on Thursday, June 12th. The stock was sold at an average price of GBX 3 ($0.04), for a total value of £150,000 ($203,224.50).
Ilya Merenzon also recently made the following trade(s):
- On Tuesday, May 13th, Ilya Merenzon purchased 20,000,000 shares of World Chess stock. The stock was acquired at an average cost of GBX 3 ($0.04) per share, with a total value of £600,000 ($812,897.98).
World Chess Stock Performance
CHSS opened at GBX 3.25 ($0.04) on Monday. The stock has a fifty day simple moving average of GBX 3.37 and a two-hundred day simple moving average of GBX 3.90. The company has a market cap of £26.98 million and a price-to-earnings ratio of -6.38. World Chess PLC has a 12-month low of GBX 2.50 ($0.03) and a 12-month high of GBX 18 ($0.24).
About World Chess
World Chess (LSE: CHSS) is a London-based chess gaming and entertainment company and International Chess Federation (‘FIDE’) official commercial partner.
The Company’s vision is to build a global, leading intellectual sports brand by reinventing chess for the modern consumer. World Chess intends to do this by becoming the leading platform for the global chess community through online, in person and hybrid chess events and activities, and by providing complementary product offerings to players, spectators, and partners through its ecosystem, which is made up of the following pillars.
FIDE Gaming Platform
World Chess runs FIDE Chess Arena, the exclusive official gaming platform of FIDE and has the official rights to offer its players the official ratings and titles, recognised by FIDE.
Events and Competitions
The Company is experienced in organising events and competitions to promote the sport including the organisation of three World Chess Championship matches.
Recently, World Chess developed and launched the Armageddon Series, the chess league for prime-time television.
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