Luckin Coffee Inc. (OTCMKTS:LKNCY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $29.93 and last traded at $29.64, with a volume of 2519513 shares trading hands. The stock had previously closed at $28.15.
Luckin Coffee Trading Up 0.9 %
The stock has a market capitalization of $8.33 billion, a price-to-earnings ratio of 27.31 and a beta of -0.71. The firm's fifty day moving average price is $25.59 and its 200 day moving average price is $23.41.
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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