Luxottica Group (OTCMKTS:LUXTY) Stock Price Up 0.4% – Should You Buy?
by Sarita Garza · The Markets DailyShares of Luxottica Group SpA (OTCMKTS:LUXTY – Get Free Report) were up 0.4% during trading on Thursday . The company 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 Price Performance
The company has a debt-to-equity ratio of 0.19, a current ratio of 1.18 and a quick ratio of 0.88. The company’s 50-day moving average is $55.80 and its two-hundred day moving average is $55.80. The firm has a market cap of $27.07 billion, a P/E ratio of 24.37 and a beta of 0.27.
About Luxottica Group
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.