Short Interest in Samsonite International S.A. (OTCMKTS:SMSEY) Increases By 160.0%

Samsonite International S.A. (OTCMKTS:SMSEY) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 1,300 shares, a growth of 160.0% from the February 28th total of 500 shares. Based on an average daily volume of 10,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

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

Samsonite International Stock Up 0.1 %

SMSEY traded up $0.01 during trading on Thursday, reaching $12.14. The stock had a trading volume of 8,834 shares, compared to its average volume of 7,058. The stock’s 50 day moving average is $13.74 and its two-hundred day moving average is $13.11. The company has a market capitalization of $3.39 billion, a price-to-earnings ratio of 9.34 and a beta of 0.57. 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 has a one year low of $10.68 and a one year high of $19.28.

Samsonite International (OTCMKTS:SMSEY) last issued its quarterly earnings results 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. As a group, analysts expect that Samsonite International will post 1.15 earnings per share for the current year.

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.