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

Luxottica Group SpA (OTCMKTS:LUXTYGet Free Report) shares were up 0.4% on Tuesday . The stock traded as high as $55.90 and last traded at $55.80. Approximately 2,900 shares were traded 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 Up 0.4 %

The firm has a market cap of $27.07 billion, a price-to-earnings ratio of 24.37 and a beta of 0.27. The business’s 50-day moving average is $55.80 and its 200-day moving average is $55.80. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.18.

About Luxottica Group

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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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