Samsonite International S.A. (OTCMKTS:SMSEY) Short Interest Update

Samsonite International S.A. (OTCMKTS:SMSEY) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,300 shares, an increase of 160.0% from the February 28th total of 500 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 10,700 shares, the short-interest ratio is currently 0.1 days.

Samsonite International Stock Performance

SMSEY stock traded down $0.22 during mid-day trading on Friday, hitting $11.90. 3,527 shares of the company were exchanged, compared to its average volume of 7,008. The stock has a market capitalization of $3.32 billion, a PE ratio of 9.15 and a beta of 0.57. Samsonite International has a 1-year low of $10.68 and a 1-year high of $19.28. The business has a 50 day simple moving average of $13.67 and a 200-day simple moving average of $13.11. The company has a current ratio of 1.61, a quick ratio of 1.07 and a debt-to-equity ratio of 1.11.

Samsonite International (OTCMKTS:SMSEY) last announced its quarterly earnings data on Wednesday, March 12th. The company reported $0.41 earnings per share for the quarter. Samsonite International had a return on equity of 22.81% and a net margin of 10.56%. The firm had revenue of $942.40 million during the quarter. On average, equities analysts forecast that Samsonite International will post 1.15 earnings per share for the current year.

Analyst Ratings Changes

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

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.