Luckin Coffee (OTCMKTS:LKNCY - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.18, Zacks reports. The firm had revenue of $1.32 billion for the quarter. Luckin Coffee had a net margin of 7.51% and a return on equity of 30.29%.
Luckin Coffee Trading Down 10.3 %
Shares of OTCMKTS:LKNCY traded down $3.29 during midday trading on Friday, reaching $28.71. The company had a trading volume of 7,509,693 shares, compared to its average volume of 1,903,373. The stock has a market cap of $8.03 billion, a P/E ratio of 26.34 and a beta of -0.71. The company's 50 day moving average price is $26.79 and its 200 day moving average price is $24.03. Luckin Coffee has a 52-week low of $17.28 and a 52-week high of $33.00.
Luckin Coffee Company Profile
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Luckin Coffee Inc offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China. It offers hot and iced freshly brewed coffee, such as Americano, Latte, Cappuccino, Macchiato, Flat White, and Mocha, as well as specialty coffee based on market and seasonal trends; coconut milk latte products; tea drinks; pre-made beverages; and pre-made food items, such as pastries, sandwiches, and snacks.
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