Samsonite International S.A. (OTCMKTS:SMSEY - Get Free Report) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 4,400 shares, a drop of 87.7% from the November 30th total of 35,900 shares. Based on an average trading volume of 9,600 shares, the days-to-cover ratio is presently 0.5 days.
Samsonite International Price Performance
SMSEY traded up $0.05 on Thursday, reaching $13.92. 2,184 shares of the company's stock were exchanged, compared to its average volume of 10,333. Samsonite International has a twelve month low of $10.68 and a twelve month high of $20.06. The stock has a market cap of $3.91 billion, a PE ratio of 10.71 and a beta of 0.56. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.61 and a quick ratio of 1.07. The stock's fifty day moving average price is $12.68 and its 200-day moving average price is $13.10.
Analyst Ratings Changes
Separately, The Goldman Sachs Group upgraded Samsonite International to a "strong-buy" rating in a report on Sunday, December 8th.
Check Out Our Latest Report on Samsonite International
Samsonite International Company Profile
(
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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.
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