Luxottica Group SpA (OTCMKTS:LUXTY – Get Free Report)’s share price shot up 0.4% during mid-day trading on Tuesday . The stock traded as high as $55.90 and last traded at $55.80. 2,900 shares changed hands during 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 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 company’s 50 day simple moving average is $55.80 and its 200-day simple moving average is $55.80.
About Luxottica Group
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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