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Membership Collective Group (NYSE:MCG) Shares Down 0.3% - Should You Sell?

Membership Collective Group logo with Computer and Technology background

Shares of Membership Collective Group Inc. (NYSE:MCG - Get Free Report) traded down 0.3% during trading on Thursday . The company traded as low as $7.53 and last traded at $7.64. 234,720 shares were traded during trading, a decline of 30% from the average session volume of 335,312 shares. The stock had previously closed at $7.66.

Membership Collective Group Stock Performance

The stock's fifty day simple moving average is $5.81 and its 200-day simple moving average is $5.58. 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 capitalization of $446.32 million, a PE ratio of -6.16 and a beta of 1.23.

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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