Short Interest in Samsonite International S.A. (OTCMKTS:SMSEY) Declines By 88.8%

Samsonite International S.A. (OTCMKTS:SMSEY) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 1,800 shares, a decline of 88.8% from the January 31st total of 16,000 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Samsonite International to a “strong-buy” rating in a report on Sunday, December 8th.

Samsonite International Price Performance

Shares of Samsonite International stock traded down $0.04 on Friday, reaching $13.82. 383 shares of the stock were exchanged, compared to its average volume of 4,968. The firm’s 50 day moving average is $14.18 and its 200-day moving average is $13.09. Samsonite International has a one year low of $10.68 and a one year high of $20.06. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.07 and a current ratio of 1.61. The firm has a market cap of $3.86 billion, a PE ratio of 10.63 and a beta of 0.56.

Samsonite International Company Profile

Samsonite International SA engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. The company offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names.