Luckin’s financial situation has improved this year, however.

Luckin’s coffee recipes are not proprietary, which means it has to rely on marketing and pricing strategies to retain customers. Steep losses aren’t uncommon during the expanding phase of new start-ups like Luckin. The key questions are whether the company can maintain its growth speed and transaction volume once the promotional discounts are taken away, and whether it can achieve profitability in the foreseeable future. Luckin’s financial situation has improved this year, however.

Luckin Coffee stock

LKNC.Y has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average. This is quite a rare situation as 97% of companies covered Forex news by SimplyWall St do have past financial data. The Barchart Technical Opinion rating is a 40% Buy with a Average short term outlook on maintaining the current direction.

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  • It was ultimately delisted from the NASDAQ in June 2020 and agreed to a $180m SEC penalty six months later.
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  • Digitonic Ltd, the owner of, does not hold a position or positions in the stock and/or financial instrument mentioned in the above article.
  • This stock has average movements during the day and with good trading volume, the risk is considered to be medium.

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Luckin Coffee Inc Adr

«As a result, investors should no longer rely upon the company’s previous financial statements and earning releases …» the company told investors. Insufficient data to determine if LKNC.Y’s debt to equity ratio has reduced over the past 5 years. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Live educational sessions using site features to explore today’s markets. You will have no right to complain to the Financial Ombudsman Services or to seek compensation from the Financial Services Compensation Scheme. All investments can fall as well as rise in value so you could lose some or all of your investment.

Luckin Coffee stock

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 Luckin Coffee stock 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.

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