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

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

Membership Collective Group Trading Down 2.8 %

The company has a debt-to-equity ratio of 38.11, a quick ratio of 0.82 and a current ratio of 0.96. The stock has a market capitalization of $299.11 million, a price-to-earnings ratio of -4.13 and a beta of 1.23. The business has a fifty day simple moving average of $5.57 and a 200 day simple moving average of $5.55.

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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