Membership Collective Group (NYSE:MCG) Trading Up 0.2% – Here’s What Happened

Shares of Membership Collective Group Inc. (NYSE:MCGGet Free Report) shot up 0.2% during trading on Wednesday . The stock traded as high as $5.15 and last traded at $5.05. 138,979 shares traded hands during trading, a decline of 59% from the average session volume of 335,312 shares. The stock had previously closed at $5.04.

Membership Collective Group Stock Up 0.2 %

The stock has a market capitalization of $295.02 million, a price-to-earnings ratio of -4.07 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. The business has a fifty day moving average of $5.19 and a 200 day moving average of $5.36.

Membership Collective Group Company Profile

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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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