Membership Collective Group (NYSE:MCG) Shares Down 0.4% - Time to Sell?

Membership Collective Group Inc. (NYSE:MCG - Get Free Report) was down 0.4% during mid-day trading on Monday . The stock traded as low as $6.55 and last traded at $6.68. Approximately 300,754 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 335,312 shares. The stock had previously closed at $6.71.

Membership Collective Group Stock Down 0.9%

The firm's 50-day moving average price is $6.10 and its 200 day moving average price is $6.54. The firm has a market capitalization of $401.92 million, a price-to-earnings ratio of -5.55 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.