Luxottica Group (OTCMKTS:LUXTY) Trading Up 0.4% – Should You Buy?

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

Luxottica Group Stock Up 0.4 %

The firm has a market capitalization of $27.07 billion, a PE 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. The business’s 50-day moving average price is $55.80 and its 200-day moving average price is $55.80.

Luxottica Group Company Profile

(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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