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
(
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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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