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NEW YORK ( TheStreet) -- Luxottica Group S.p.A (NYSE: LUX) hit a new 52-week high Wednesday as it traded at $32.63 compared with its previous 52-Week high of $32.60. Luxottica Group S.p.A is changing hands at $32.61 with 124,452 shares traded as of 12:29 p.m. ET. Average volume has been 112,200 shares over the past 30 days. Luxottica Group S.p.A has a market cap of $14.5 billion and is part of the services sector and specialty retail industry. Shares are up 4.3% year to date as of the close of trading on Tuesday. Luxottica Group S.p.A. and its subsidiaries design, manufacture, and distribute luxury, fashion, and sport/performance eyewear worldwide. It operates in two segments: Manufacturing and Wholesale Distribution, and Retail Distribution. The company has a P/E ratio of 27.8, below the average specialty retail industry P/E ratio of 28.5 and above the S&P 500 P/E ratio of 16.1.