Luckin Coffee Inc. (OTCMKTS:LKNCY - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $30.94 and last traded at $30.88, with a volume of 3476778 shares traded. The stock had previously closed at $30.20.
Luckin Coffee Stock Down 10.3 %
The company's fifty day simple moving average is $26.68 and its two-hundred day simple moving average is $23.96. The company has a market capitalization of $8.03 billion, a price-to-earnings ratio of 26.34 and a beta of -0.71.
Luckin Coffee (OTCMKTS:LKNCY - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.18. Luckin Coffee had a net margin of 7.51% and a return on equity of 30.29%. The business had revenue of $1.32 billion for the quarter.
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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