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Ticker Symbol: KRT

Karat Packaging Inc

$21.14 - 07-11-2024 4 p.m. ET

Exchange: NASDAQ Country: US Currency: USD Asset Type: Common Stock CIK:0001758021

Company Profile

lollicup usa domestically manufactures & distributes karat® paper & plastic disposable foodservice products, and tea zone® coffee & beverage supplies for thousands of retail business accounts, including several fortune 500 restaurant franchises. founded in 2000 by alan yu and marvin cheng, lollicup usa began with the opening of our first bubble tea café in san gabriel, ca, bringing the popular taiwanese boba milk tea to the u.s. market. by 2004, over 60 stores were opened across six states. with two new locations in chengdu, china, we are currently updating our existing locations and plan on opening additional stores in the near future, expanding overseas into europe and the middle east. to maintain consistent quality for our retail stores, lollicup usa established two brands, tea zone® and karat®, in 2001 and 2004 respectively. tea zone™ offers high-quality bubble tea & beverage ingredients, while karat® provides premium paper & plastic disposable goods. while expanding our company, w

Sector: Manufacturing
Industry: All Other Plastics Product Manufacturing
Standard Industrial Classification Code (SIC code): 3089
Address: 6185 Kimball Ave
CEO: N/A
Tags: N/A

Pricing

Last Updated: October 3, 2023 03:00 PM EST
Previous Close: $21.37
Change: -$1.03 ( -4.60%)
Days Range: $21.29 - $22.52
Beta: 1.10
52wk. High: $26.69
52wk. Low: $11.69
Ytd. Change 62.14%
50 Day Moving Average: $22.40
200 Day Moving Average: $18.47
Shares Outstanding: 19888039

Valuation

Market Cap: 42.5B
PE Ratio: -
EPS (TTM): 0

Dividends

Dividend Per Share (TTM): $0.10
Dividend Yield (TTM): 0.46%
Ex-Dividend Date: August 22, 2023