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

Samsonite Group S.A. (OTCMKTS:SMSEY) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 183 shares, a drop of 91.3% from the December 15th total of 2,094 shares. Based on an average daily volume of 146,719 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 146,719 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on SMSEY shares. UBS Group upgraded shares of Samsonite Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 14th. Jefferies Financial Group raised shares of Samsonite Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 13th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Samsonite Group currently has an average rating of “Buy”.

Samsonite Group Trading Down 0.4%

OTCMKTS:SMSEY opened at $12.93 on Wednesday. The firm’s 50 day moving average is $12.27 and its 200 day moving average is $11.18. Samsonite Group has a 12 month low of $8.32 and a 12 month high of $15.08. The stock has a market capitalization of $3.59 billion, a PE ratio of 11.97 and a beta of 0.67. The company has a current ratio of 1.13, a quick ratio of 0.70 and a debt-to-equity ratio of 0.87.

Samsonite Group (OTCMKTS:SMSEY) last issued its earnings results on Wednesday, November 12th. The company reported $0.23 earnings per share for the quarter. Samsonite Group had a net margin of 8.68% and a return on equity of 19.92%. The firm had revenue of $872.70 million during the quarter. Sell-side analysts expect that Samsonite Group will post 1.15 earnings per share for the current year.

Samsonite Group Company Profile

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.