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Luckin Coffee stock

These are located in areas of high demand for coffee, such as office buildings, commercial spaces and university campuses. Although delisted from the NASDAQ, Luckin Coffee is still available on the OTC market in the US, under the ticker LKNCY. As it still has this listing live, the company should enjoy an easier route to relisting than an unlisted Chinese company attempting to pursue an IPO in the US.

Luckin Coffee Frequently Asked Questions

In May 2020, Luckin received a delisting notice from the SEC and stopped stock transactions from June 29 of the same year. Two months later, Luckin officially confessed that it inflated its 2019 sales by CNY 2.20 billion (USD $309 million).

  • To determine if its dividend payments are covered by earnings.
  • © 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
  • Unable to evaluate LKNC.Y’s dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
  • This is a lower news sentiment than the 0.52 average news sentiment score of Consumer Staples companies.
  • The Company’s products mainly include freshly brewed drinks, juices and light meals.

Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. You will never miss our latest news, trading ideas, podcasts, and market signals. Luckin Coffee Inc. finds support from accumulated volume at $12.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. 50.12% during the next 3 months and, with a 90% probability LKNCY stock price today hold a price between $13.44 and $19.75 at the end of this 3-month period. I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. Luckin Coffee has ushered in “a new beginning” with boosted financial performance and improved management. The size of China’s coffee market is expected to exceed CNY 1 trillion in 2025.

Price To Earnings Ratio Vs Fair Ratio

Accordingly, investors looking for a beaten-down stock with upside appear to be targeting this over-the-counter name. Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more. Luckin Coffee’s stock was trading at $9.44 at the start of the year.

Luckin Coffee stock

A fast-paced lifestyle, stressful work, and convenient food delivery services have boosted white-collar workers’ demand for coffee. Along with its high frequency of consumption and addictive nature, roasted, Forex aromatic beans have long been seen as a good business. See LKNCY stock price and Buy/Sell Luckin Coffee with any amount of money. Discuss news and analysts’ price predictions with the investor community.