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NEW YORK ( TheStreet) -- Luxottica Group (NYSE: LUX) hit a new 52-week high Wednesday as it is currently trading at $36.79, above its previous 52-week high of $36.78 with 58,825 shares traded as of 2:01 p.m. ET. Average volume has been 107,200 shares over the past 30 days. Luxottica Group has a market cap of $16.67 billion and is part of the services sector and specialty retail industry. Shares are up 28.1% year to date as of the close of trading on Tuesday. Luxottica Group S.p.A., together with its subsidiaries, provides fashion, luxury, and sports eyewear worldwide. The company operates in two segments, Manufacturing and Wholesale Distribution, and Retail Distribution. The company has a P/E ratio of 36.4, above the average specialty retail industry P/E ratio of 28.1 and above the S&P 500 P/E ratio of 17.7.