Luxottica Group (OTCMKTS:LUXTY) Shares Up 0.4% – Here’s Why

Luxottica Group SpA (OTCMKTS:LUXTYGet Free Report)’s share price rose 0.4% during mid-day trading on Wednesday . The stock traded as high as $55.90 and last traded at $55.80. Approximately 2,900 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 14,259 shares. The stock had previously closed at $55.60.

Luxottica Group Price Performance

The company has a fifty day simple moving average of $55.80 and a 200-day simple moving average of $55.80. The company has a market cap of $27.07 billion, a P/E ratio of 24.37 and a beta of 0.27. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.18 and a quick ratio of 0.88.

About Luxottica Group

(Get Free Report)

Luxottica Group S.p.A., together with its subsidiaries, provides fashion, luxury, sports, and performance eyewear worldwide. It operates through two segments, Manufacturing and Wholesale Distribution, and Retail Distribution. The Manufacturing and Wholesale Distribution segment engages in the design, manufacture, distribution, and marketing of proprietary and designer lines of prescription frames and sunglasses.

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