Luxottica Group SpA (OTCMKTS:LUXTY – Get Free Report) shares traded up 0.4% during mid-day trading on Thursday. The company traded as high as $55.90 and last traded at $55.80. 2,900 shares changed hands during mid-day 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 stock 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. The stock’s 50-day simple moving average is $55.80 and its 200 day simple moving average is $55.80.
About Luxottica Group
Luxottica Group was an Italian eyewear company that designed, manufactured and distributed prescription frames and sunglasses. Its portfolio included brands such as Ray-Ban, Oakley, Persol and Oliver Peoples, as well as eyewear produced under license for fashion and luxury houses. The company also operated optical and sunglasses retailers, including Sunglass Hut and LensCrafters, and sold products through wholesale partners and its own retail channels. Its business served customers across North America, Europe, Asia and other international markets.
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