Luckin Coffee Inc. (OTCMKTS:LKNCY - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $28.99 and last traded at $28.50, with a volume of 1933097 shares. The stock had previously closed at $27.94.
Luckin Coffee Trading Up 5.3 %
The firm has a market cap of $8.29 billion, a PE ratio of 27.19 and a beta of -0.71. The company has a 50-day simple moving average of $25.13 and a 200 day simple moving average of $23.27.
About Luckin Coffee
(
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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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