Luckin Coffee Inc. (OTCMKTS:LKNCY – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $30.94 and last traded at $30.88, with a volume of 3476778 shares trading hands. The stock had previously closed at $30.20.
Luckin Coffee Price Performance
The business has a 50-day moving average of $26.27 and a 200 day moving average of $23.78. The company has a market capitalization of $8.64 billion, a PE ratio of 28.33 and a beta of -0.71.
About Luckin Coffee
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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