Luckin Coffee Inc. (OTCMKTS:LKNCY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $38.03 and last traded at $37.91, with a volume of 4300004 shares. The stock had previously closed at $35.64.
Luckin Coffee Price Performance
The stock has a 50 day simple moving average of $31.04 and a two-hundred day simple moving average of $26.67. The company has a market capitalization of $8.06 billion, a price-to-earnings ratio of 21.65 and a beta of -1.11.
Luckin Coffee (OTCMKTS:LKNCY - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.18. Luckin Coffee had a return on equity of 35.32% and a net margin of 8.54%. The company 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.
Further Reading
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