Membership Collective Group (NYSE:MCG) Trading Down 0.2% – Here’s What Happened

Membership Collective Group Inc. (NYSE:MCGGet Free Report) fell 0.2% during trading on Wednesday . The company traded as low as $8.82 and last traded at $8.82. 335,674 shares traded hands during mid-day trading, an increase of 0% from the average session volume of 335,312 shares. The stock had previously closed at $8.84.

Membership Collective Group Stock Down 0.2%

The company has a debt-to-equity ratio of 38.11, a current ratio of 0.96 and a quick ratio of 0.82. The business has a 50 day simple moving average of $8.86 and a 200 day simple moving average of $7.92. The stock has a market cap of $515.26 million, a PE ratio of -7.11 and a beta of 1.23.

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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