Membership Collective Group (NYSE:MCG) Trading Up 0.1% – Time to Buy?

Membership Collective Group Inc. (NYSE:MCGGet Free Report) shot up 0.1% during trading on Monday . The stock traded as high as $8.87 and last traded at $8.86. 499,996 shares traded hands during trading, an increase of 49% from the average session volume of 335,312 shares. The stock had previously closed at $8.85.

Membership Collective Group Stock Performance

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 market cap of $517.59 million, a PE ratio of -7.15 and a beta of 1.23. The business’s fifty day moving average is $8.72 and its 200-day moving average is $7.20.

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.

Further Reading

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