Luckin Coffee Inc. (OTCMKTS:LKNCY – Get Rating)’s share price shot up 1.9% on Tuesday . The stock traded as high as $21.86 and last traded at $21.26. 1,046,191 shares changed hands during trading, a decline of 39% from the average session volume of 1,716,767 shares. The stock had previously closed at $20.87.
Luckin Coffee Stock Up 1.9 %
The company’s fifty day moving average price is $24.59 and its two-hundred day moving average price is $24.26. The company has a market cap of $5.57 billion, a price-to-earnings ratio of 53.15 and a beta of -0.72.
Luckin Coffee (OTCMKTS:LKNCY – Get Rating) last posted its quarterly earnings data on Thursday, March 2nd. The company reported $0.08 EPS for the quarter. Luckin Coffee had a return on equity of 31.43% and a net margin of 6.63%. The company had revenue of $535.73 million for the quarter.
About Luckin Coffee
Luckin Coffee, Inc provides food and beverage items, and operates coffee retail stores. It manages pick-up stores, relax stores, and delivery kitchens. Its offerings include both 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.
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