Membership Collective Group (NYSE:MCG) Stock Price Down 0.4% – What’s Next?

Shares of Membership Collective Group Inc. (NYSE:MCGGet Free Report) dropped 0.4% during mid-day trading on Monday . The company traded as low as $6.55 and last traded at $6.68. Approximately 300,754 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 335,312 shares. The stock had previously closed at $6.71.

Membership Collective Group Stock Down 0.4%

The company has a market cap of $390.24 million, a P/E ratio of -5.39 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 company has a fifty day moving average of $6.00 and a 200 day moving average of $6.52.

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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