Luxottica Group (OTCMKTS:LUXTY) Trading Up 0.4% – Time to Buy?

Luxottica Group SpA (OTCMKTS:LUXTYGet Free Report) traded up 0.4% on Wednesday . 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 session volume of 14,259 shares. The stock had previously closed at $55.60.

Luxottica Group Stock Performance

The stock has a fifty day simple moving average of $55.80 and a 200-day simple moving average of $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. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.18.

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.

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