World Chess PLC CEO Disposes Shares

World Chess PLC ( (GB:CHSS) ) just unveiled an announcement.

World Chess PLC announced the disposal of ordinary shares by its CEO, Ilya Merenzon. The transactions, which took place on the London Stock Exchange, involved the sale of 7,700,000 shares at prices ranging from £0.0297 to £0.0320, totaling £238,600. This move could have implications for the company’s stock market presence and stakeholder perceptions.

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 significantly impacted by its financial instability, highlighted by declining revenues and cash flow issues. Technical analysis indicates a bearish outlook, compounded by poor valuation metrics. However, corporate events suggest potential for future strategic improvements.

To see Spark’s full report on GB:CHSS stock, click here.

More about World Chess PLC

World Chess PLC is a leading organization in the chess industry, dedicated to enhancing the global appeal of chess. The company is listed on the London Stock Exchange under the ticker CHSS.

Average Trading Volume: 356,372

Technical Sentiment Signal: Sell

For an in-depth examination of CHSS stock, go to TipRanks’ Overview page.