Membership Collective Group (NYSE:MCG) Stock Price Down 1.1% – Here’s Why

Shares of Membership Collective Group Inc. (NYSE:MCGGet Free Report) fell 1.1% on Tuesday . The company traded as low as $5.28 and last traded at $5.34. 121,632 shares changed hands during trading, a decline of 64% from the average session volume of 335,312 shares. The stock had previously closed at $5.40.

Membership Collective Group Price Performance

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 firm has a market cap of $311.96 million, a price-to-earnings ratio of -4.31 and a beta of 1.23. The business’s 50-day moving average price is $5.46 and its two-hundred day moving average price is $5.43.

Membership Collective Group Company Profile

(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.

See Also

Receive News & Ratings for Membership Collective Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Membership Collective Group and related companies with MarketBeat.com's FREE daily email newsletter.