Luckin Coffee Inc. (OTCMKTS:LKNCY - Get Free Report) was down 0.9% during trading on Friday . The stock traded as low as $34.40 and last traded at $34.70. Approximately 1,448,938 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 2,429,047 shares. The stock had previously closed at $35.02.
Luckin Coffee Price Performance
The firm's 50 day moving average is $32.16 and its 200 day moving average is $29.13. The company has a market capitalization of $9.84 billion, a PE ratio of 26.09 and a beta of -0.27.
Luckin Coffee (OTCMKTS:LKNCY - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.10. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.15 billion. Luckin Coffee had a net margin of 8.54% and a return on equity of 35.32%.
Luckin Coffee Company Profile
(
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
