Membership Collective Group (NYSE:MCG) Stock Price Down 0.3% – Should You Sell?

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

Membership Collective Group Stock Down 0.3 %

The stock has a market capitalization of $446.32 million, a P/E ratio of -6.16 and a beta of 1.23. The stock has a 50 day moving average price of $5.76 and a 200-day moving average price of $5.57. The company has a debt-to-equity ratio of 38.11, a current ratio of 0.96 and a quick ratio of 0.82.

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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