Shares of Luckin Coffee Inc. (OTCMKTS:LKNCY – Get Free Report) traded down 0.9% during mid-day trading on Monday . The stock traded as low as $24.81 and last traded at $25.00. 2,465,446 shares changed hands during mid-day trading, an increase of 0% from the average session volume of 2,455,518 shares. The stock had previously closed at $25.22.
Luckin Coffee Price Performance
The business has a 50-day moving average of $21.73 and a 200 day moving average of $21.37. The company has a market capitalization of $6.70 billion, a PE ratio of 25.76 and a beta of -0.52.
Luckin Coffee (OTCMKTS:LKNCY – Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.40 earnings per share (EPS) for the quarter. Luckin Coffee had a return on equity of 29.38% and a net margin of 7.12%. The business had revenue of $1.16 billion for the quarter.
Luckin Coffee Company Profile
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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