Membership Collective Group (NYSE:MCG) Trading Down 2.8%

Membership Collective Group Inc. (NYSE:MCGGet Free Report)’s stock price fell 2.8% during mid-day trading on Friday . The stock traded as low as $5.06 and last traded at $5.12. 216,712 shares were traded during mid-day trading, a decline of 35% from the average session volume of 335,312 shares. The stock had previously closed at $5.27.

Membership Collective Group Price Performance

The business has a fifty day moving average of $5.57 and a 200 day moving average of $5.55. The firm has a market cap of $299.11 million, a P/E ratio of -4.13 and a beta of 1.23. The company has a quick ratio of 0.82, a current ratio of 0.96 and a debt-to-equity ratio of 38.11.

About Membership Collective Group

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Membership Collective Group Inc operates a global membership platform of physical and digital spaces that connects members worldwide. The company's members use the MCG platform to work and socialize, connect, create, and have fun. As of January 2, 2022, it served approximately 155,800 members through a portfolio of 33 Soho Houses, 9 Soho Works clubs, The Ned in London, Soho Home, and Scorpios Beach Club in Mykonos, as well as digital channels.

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