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NEW YORK ( TheStreet) -- Luxottica Group (NYSE: LUX) hit a new 52-week high Tuesday as it is currently trading at $36.68, above its previous 52-week high of $36.62 with 42,081 shares traded as of 11:14 a.m. ET. Average volume has been 89,100 shares over the past 30 days. Luxottica Group has a market cap of $14.76 billion and is part of the services sector and specialty retail industry. Shares are up 29.8% year to date as of the close of trading on Monday. Luxottica Group S.p.A., together with its subsidiaries, provides luxury 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 35.7, below the average specialty retail industry P/E ratio of 63.5 and above the S&P 500 P/E ratio of 17.7.