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

Samsonite Group S.A. (OTCMKTS:SMSEY) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 40,042 shares, an increase of 38.7% from the February 26th total of 28,867 shares. Based on an average trading volume of 27,288 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.0% of the company’s shares are sold short.

Samsonite Group Stock Performance

OTCMKTS:SMSEY opened at $9.44 on Tuesday. The firm has a market cap of $2.62 billion, a PE ratio of 9.08 and a beta of 0.67. Samsonite Group has a fifty-two week low of $8.32 and a fifty-two week high of $14.10. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.70 and a current ratio of 1.13. The business has a 50 day moving average price of $11.85 and a 200-day moving average price of $11.76.

Samsonite Group (OTCMKTS:SMSEY) last posted its quarterly earnings results on Thursday, March 19th. The company reported $0.38 EPS for the quarter. The company had revenue of $963.30 million during the quarter. Samsonite Group had a net margin of 8.27% and a return on equity of 19.58%. Equities research analysts predict that Samsonite Group will post 1.15 earnings per share for the current year.

About Samsonite Group

Samsonite Group (OTCMKTS: SMSEY) is a leading global designer and manufacturer of luggage, travel bags and accessories. The company’s product portfolio spans hard‐side and soft‐side suitcases, business cases, backpacks, travel accessories and outdoor gear. With a broad range of innovative materials and features such as lightweight polycarbonate shells, integrated locks and expansion capabilities, Samsonite serves both leisure and corporate travelers seeking durability, functionality and style.

Headquartered in Luxembourg, Samsonite distributes its products through a diversified network of over 1,000 direct‐to‐consumer retail outlets, e-commerce platforms and wholesale partnerships.