Luxottica Group SpA (OTCMKTS:LUXTY – Get Free Report) was up 0.4% during mid-day trading on Thursday . The stock traded as high as $55.90 and last traded at $55.80. Approximately 2,900 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 14,259 shares. The stock had previously closed at $55.60.
Luxottica Group Stock Performance
The business has a 50-day moving average price of $55.80 and a 200-day moving average price of $55.80. The firm has a market capitalization of $27.07 billion, a price-to-earnings ratio of 24.37 and a beta of 0.27. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.19.
Luxottica Group Company Profile
Luxottica Group S.p.A. was an Italian eyewear company engaged in the design, manufacture and distribution of prescription frames and sunglasses. Its portfolio included proprietary brands such as Ray-Ban, Oakley, Persol, Oliver Peoples and Vogue Eyewear, along with licensed brands produced under agreements with major fashion and luxury companies.
The company also operated a large international retail and optical network. Its retail businesses included Sunglass Hut, LensCrafters, Pearle Vision and other optical and specialty eyewear stores, giving Luxottica exposure to North America, Europe, Asia-Pacific and other global markets.
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