Luckin Coffee Inc. Sponsored ADR (OTCMKTS:LKNCY - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $38.05 and last traded at $37.92, with a volume of 989795 shares changing hands. The stock had previously closed at $37.27.
Luckin Coffee Price Performance
The company has a 50-day moving average of $33.99 and a two-hundred day moving average of $30.79. The stock has a market capitalization of $10.92 billion, a PE ratio of 24.06 and a beta of -0.25.
Luckin Coffee (OTCMKTS:LKNCY - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.10. Luckin Coffee had a net margin of 9.58% and a return on equity of 36.55%. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.15 billion.
About Luckin Coffee
(
Get Free Report)
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.
Recommended Stories
Before you consider Luckin Coffee, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Luckin Coffee wasn't on the list.
While Luckin Coffee currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.