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

Luxottica Group SpA (OTCMKTS:LUXTYGet Free Report)’s share price was up 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 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 Performance

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 current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19. The stock’s 50-day moving average is $55.80 and its 200-day moving average 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.

Further Reading

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