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

Samsonite International S.A. (OTCMKTS:SMSEY) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 13,900 shares, a growth of 80.5% from the September 15th total of 7,700 shares. Based on an average trading volume of 18,900 shares, the short-interest ratio is presently 0.7 days.

Analyst Upgrades and Downgrades

Separately, Dbs Bank upgraded Samsonite International to a “strong-buy” rating in a research note on Thursday, August 15th.

Samsonite International Stock Up 0.0 %

Shares of Samsonite International stock traded up $0.01 during trading on Friday, hitting $13.32. 1,245 shares of the company were exchanged, compared to its average volume of 16,146. The firm has a 50 day moving average price of $12.61 and a 200 day moving average price of $14.93. The stock has a market capitalization of $3.89 billion, a price-to-earnings ratio of 9.18 and a beta of 0.47. Samsonite International has a fifty-two week low of $10.90 and a fifty-two week high of $20.06.

Samsonite International (OTCMKTS:SMSEY) last issued its quarterly earnings data on Wednesday, August 14th. The company reported $0.30 EPS for the quarter. The firm had revenue of $908.90 million for the quarter. Samsonite International had a net margin of 11.67% and a return on equity of 26.06%. Analysts predict that Samsonite International will post 1.25 earnings per share for the current year.

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.