Membership Collective Group (NYSE:MCG) Trading Down 0.3% – Time to Sell?

Membership Collective Group Inc. (NYSE:MCGGet Free Report) fell 0.3% during trading on Thursday . The company traded as low as $7.53 and last traded at $7.64. 234,720 shares changed hands during mid-day trading, a decline of 30% from the average session volume of 335,312 shares. The stock had previously closed at $7.66.

Membership Collective Group Stock Performance

The firm has a market cap of $447.49 million, a price-to-earnings ratio of -6.18 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. The stock has a 50 day moving average of $5.81 and a 200 day moving average of $5.58.

About Membership Collective Group

(Get Free Report)

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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