Luckin Coffee (OTCMKTS:LKNCY) Sets New 12-Month High – What’s Next?

Luckin Coffee Inc. (OTCMKTS:LKNCYGet Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $30.05 and last traded at $28.01, with a volume of 2225144 shares traded. The stock had previously closed at $29.77.

Luckin Coffee Stock Performance

The stock has a market capitalization of $7.84 billion, a P/E ratio of 24.79 and a beta of -0.71. The business’s fifty day moving average price is $25.59 and its two-hundred day moving average price is $23.44.

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.

Further Reading

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