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 in the month of March. As of March 31st, there was short interest totalling 6,500 shares, an increase of 400.0% from the March 15th total of 1,300 shares. Based on an average daily volume of 26,600 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Samsonite International Price Performance

SMSEY traded down $0.21 on Wednesday, hitting $8.65. 47,849 shares of the company’s stock were exchanged, compared to its average volume of 11,564. The company has a current ratio of 1.61, a quick ratio of 1.07 and a debt-to-equity ratio of 1.11. The firm has a 50-day moving average price of $12.22 and a 200-day moving average price of $12.88. Samsonite International has a fifty-two week low of $8.32 and a fifty-two week high of $19.22. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of 6.65 and a beta of 0.65.

Samsonite International (OTCMKTS:SMSEY) last released its quarterly earnings results on Wednesday, March 12th. The company reported $0.41 EPS for the quarter. Samsonite International had a return on equity of 22.81% and a net margin of 10.56%. The business had revenue of $942.40 million during the quarter. As a group, equities analysts anticipate 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.