Luckin Coffee (OTCMKTS:LKNCY) Upgraded at Zacks Research

Key Points

• Zacks Research upgraded Luckin Coffee from a "strong sell" to a "hold," marking a shift to a less negative analyst view.
• Shares jumped about 7.7% after the note, opening at $32.50; the stock has a 12‑month range of $24.85–$43.64, a market cap of $9.22 billion and a P/E of 20.31.
• Luckin is a China‑based, digitally driven coffee chain that leverages a mobile app, kiosks and a mix of pickup, delivery and full‑service stores to support rapid expansion and consistent product quality.

Luckin Coffee (OTCMKTS:LKNCY - Get Free Report) was upgraded by Zacks Research from a "strong sell" rating to a "hold" rating in a note issued to investors on Monday,Zacks.com reports.

Luckin Coffee Trading Up 7.7%

Shares of OTCMKTS:LKNCY opened at $32.50 on Monday. Luckin Coffee has a 12-month low of $24.85 and a 12-month high of $43.64. The business's fifty day simple moving average is $34.85 and its 200-day simple moving average is $36.18. The company has a market capitalization of $9.22 billion, a PE ratio of 20.31 and a beta of -0.37.

Luckin Coffee Company Profile

Luckin Coffee Inc is a China-based coffeehouse chain that combines a digitally driven ordering platform with a network of physical outlets. The company's mobile app and in-store kiosks enable customers to place orders for takeaway or delivery, while its proprietary supply chain supports rapid store expansion and consistent product quality. Luckin's retail portfolio includes “grab-and-go” pickup points, delivery-only kitchens and full-service cafés designed to meet the varied needs of urban consumers.

Luckin's menu features a broad range of espresso-based drinks, including lattes, Americanos and cold brews, complemented by tea-based beverages, fruit juices and a selection of light food items such as sandwiches and pastries.

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