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

Samsonite International S.A. (OTCMKTS:SMSEY - Get Free Report) was the target of a significant growth in short interest in the month of 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 short-interest ratio is currently 0.1 days. Currently, 0.0% of the company's shares are sold short.

Samsonite International Stock Down 1.8 %

OTCMKTS:SMSEY traded down $0.22 during trading hours on Monday, reaching $11.90. The company had a trading volume of 3,527 shares, compared to its average volume of 7,008. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 9.15 and a beta of 0.57. The company has a quick ratio of 1.07, a current ratio of 1.61 and a debt-to-equity ratio of 1.11. Samsonite International has a twelve month low of $10.68 and a twelve month high of $19.28. The business's 50-day simple moving average is $13.67 and its two-hundred day simple moving average is $13.14.

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

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Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised Samsonite International to a "strong-buy" rating in a research note on Sunday, December 8th.

About Samsonite International

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.