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

Luxottica Group SpA (OTCMKTS:LUXTY – Get Free Report) rose 0.4% on Thursday. The company traded as high as $55.90 and last traded at $55.80. Approximately 2,900 shares traded 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 company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19. The firm 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 50-day moving average of $55.80 and a 200-day moving average of $55.80.

Luxottica Group Company Profile

(Get Free Report)

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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