Membership Collective Group (NYSE:MCG) Stock Price Up 4.6% – Should You Buy?

Membership Collective Group Inc. (NYSE:MCGGet Free Report) rose 4.6% during trading on Wednesday . The company traded as high as $5.13 and last traded at $5.03. Approximately 148,389 shares were traded during trading, a decline of 56% from the average daily volume of 335,312 shares. The stock had previously closed at $4.81.

Membership Collective Group Stock Up 4.6 %

The firm’s 50 day moving average price is $5.27 and its two-hundred day moving average price is $5.41. The firm has a market capitalization of $293.85 million, a PE ratio of -4.06 and a beta of 1.23. The company has a quick ratio of 0.82, a current ratio of 0.96 and a debt-to-equity ratio of 38.11.

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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