Membership Collective Group Inc. (NYSE:MCG – Get Free Report) rose 9.3% on Tuesday . The stock traded as high as $6.57 and last traded at $6.49. Approximately 725,896 shares traded hands during mid-day trading, an increase of 116% from the average daily volume of 335,312 shares. The stock had previously closed at $5.94.
Membership Collective Group Stock 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 $424.71 million, a price-to-earnings ratio of -5.86 and a beta of 1.23. The firm has a fifty day simple moving average of $7.33 and a two-hundred day simple moving average of $6.18.
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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