Luxottica Group S.p.A Stock Hits New 52-Week High (LUX)

NEW YORK ( TheStreet) -- Luxottica Group S.p.A (NYSE: LUX) hit a new 52-week high Thursday as it is currently trading at $33.55, above its previous 52-week high of $33.37 with 22,260 shares traded as of 10:02 a.m. ET. Average volume has been 102,900 shares over the past 30 days.

Luxottica Group S.p.A has a market cap of $14.8 billion and is part of the services sector and specialty retail industry. Shares are up 5.1% year to date as of the close of trading on Wednesday.

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 28.2, above the average specialty retail industry P/E ratio of 27.6 and above the S&P 500 P/E ratio of 16.4.
  • Practice your LUX trading strategies and win cash in our stock game.

TheStreet Ratings rates Luxottica Group S.p.A as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Luxottica Group S.p.A Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Red Robin Slumps After Earnings Miss

Red Robin Slumps After Earnings Miss

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet