Luckin Coffee Inc. (OTCMKTS:LKNCY – Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $30.05 and last traded at $28.01, with a volume of 2225144 shares trading hands. The stock had previously closed at $29.77.
Luckin Coffee Price Performance
The stock’s 50 day simple moving average is $25.83 and its two-hundred day simple moving average is $23.54. The company has a market capitalization of $8.22 billion, a P/E ratio of 24.79 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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