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

Luxottica Group SpA (OTCMKTS:LUXTY) was up 0.4% during mid-day trading on Tuesday . The company traded as high as $55.90 and last traded at $55.80. Approximately 2,900 shares were traded during 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 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 has a fifty day moving average of $55.80 and a 200-day moving average of $55.80. The stock has a market cap of $27.07 billion, a PE ratio of 24.37 and a beta of 0.27.

Luxottica Group Company Profile

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.