Luckin Coffee Inc. (OTCMKTS:LKNCY – Get Free Report)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $35.03 and last traded at $33.60, with a volume of 6795631 shares. The stock had previously closed at $31.71.
Luckin Coffee Stock Up 6.0 %
The stock has a 50 day moving average of $28.44 and a 200 day moving average of $25.04. The company has a market capitalization of $9.40 billion, a price-to-earnings ratio of 25.26 and a beta of -0.64.
Luckin Coffee (OTCMKTS:LKNCY – Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.40 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.32 billion for the quarter.
Luckin Coffee Company Profile
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
- Five stocks we like better than Luckin Coffee
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Where to Find Earnings Call Transcripts
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- What is the Euro STOXX 50 Index?
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for Luckin Coffee Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Luckin Coffee and related companies with MarketBeat.com's FREE daily email newsletter.
