Luckin Coffee Inc. (OTCMKTS:LKNCY - Get Free Report) traded up 2.1% on Thursday . The company traded as high as $31.90 and last traded at $31.71. 1,558,930 shares were traded during trading, a decline of 31% from the average session volume of 2,251,528 shares. The stock had previously closed at $31.05.
Luckin Coffee Trading Up 6.7 %
The company has a fifty day simple moving average of $28.63 and a 200-day simple moving average of $25.19. The company has a market capitalization of $10.03 billion, a PE ratio of 26.95 and a beta of -0.64.
Luckin Coffee (OTCMKTS:LKNCY - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.18. Luckin Coffee had a net margin of 8.54% and a return on equity of 35.32%. The firm had revenue of $1.32 billion during the quarter.
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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