Membership Collective Group Inc. (NYSE:MCG – Get Free Report) dropped 10.2% on Tuesday . The stock traded as low as $5.19 and last traded at $5.31. Approximately 417,308 shares changed hands during mid-day trading, an increase of 24% from the average daily volume of 335,312 shares. The stock had previously closed at $5.91.
Membership Collective Group Trading Down 10.2 %
The business’s 50 day simple moving average is $6.95 and its 200-day simple moving average is $6.26. The stock has a market capitalization of $310.20 million, a P/E ratio of -4.28 and a beta of 1.23. The company has a debt-to-equity ratio of 38.11, a current ratio of 0.96 and a quick ratio of 0.82.
Membership Collective Group Company Profile
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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