Luckin Coffee Inc. (OTCMKTS:LKNCY – Get Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $29.93 and last traded at $29.64, with a volume of 2519513 shares trading hands. The stock had previously closed at $28.15.
Luckin Coffee Price Performance
The company has a market capitalization of $8.29 billion, a P/E ratio of 27.19 and a beta of -0.71. The company has a 50 day moving average of $24.98 and a 200-day moving average of $23.20.
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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