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

Luxottica Group SpA (OTCMKTS:LUXTY – Get Free Report) shares were up 0.4% on Thursday. The stock traded as high as $55.90 and last traded at $55.80. 2,900 shares were traded 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 Stock Up 0.4%

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 stock’s fifty day simple moving average is $55.80 and its 200-day simple moving average is $55.80. The stock has a market cap of $27.07 billion, a P/E ratio of 24.37 and a beta of 0.27.

About Luxottica Group

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Luxottica Group S.p.A. was an Italian eyewear company that designed, manufactured and distributed prescription frames, sunglasses and related optical products. Founded in 1961 by Leonardo Del Vecchio, the company developed from a small industrial operation into a global eyewear business serving consumers, optical professionals and retail partners.

Its portfolio included well-known brands such as Ray-Ban, Oakley, Persol, Oliver Peoples and Vogue Eyewear, along with licensed collections for a range of fashion and luxury brands.

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