More info on the day for Luckin Coffee Inc(LKNCY) plus forecast news

faceless person showing inscription on coffee to go

Luckin Coffee Inc(LKNCY) is a stock of interest due to it’s movements. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about LKNCY. We will be studying the movemnt so you can make the best descision as an investor.


First, we should get to know the company in discussion today. Here is a little about them: Luckin Coffee, Inc. manufactures coffee and operates coffee retail stores. The firm’s new retail model is built upon mobile apps and store network. The Mobile Apps: Mobile apps cover the entire customer purchase process. The Store Network: Its pick-up stores have limited seating and are typically located in areas with high demand for coffee, such as office buildings, commercial areas and university campuses. It procures coffee machines and coffee condiments from renowned global suppliers such as Schaerer. The company was founded by Zhi Ya Qian in October 2017 and is headquartered in Fujian, China.


The stock has moved downwards today by 2.14%. The high for today is 11.62 and today’s low is 10.50. This information is critical in deciding whether this investment is risky or safe. We can see since the stock is trending downwards which means that the volume of people selling this stock is greater than people who are buying it. Next we will be going over the forecast.


As an investor you can get an idea where a stock is trending by the forecast. In this case the high forecast for Luckin Coffee Inc is 20.00 and the low forecast is 15.00. We can also get a look into the future by looking at past trends. Looking at Luckin Coffee Inc’s 5 year movement it seems it has fallen 46%.


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