Short Interest in Samsonite Group S.A. (OTCMKTS:SMSEY) Increases By 1,412.0%

Samsonite Group S.A. (OTCMKTS:SMSEY) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 2,767 shares, a growth of 1,412.0% from the December 31st total of 183 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 12,075 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 12,075 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

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

Samsonite Group Stock Down 2.5%

Shares of OTCMKTS:SMSEY opened at $13.09 on Wednesday. The company has a fifty day moving average of $12.74 and a 200-day moving average of $11.43. Samsonite Group has a 52-week low of $8.32 and a 52-week high of $14.88. The company has a market capitalization of $3.63 billion, a PE ratio of 12.12 and a beta of 0.67. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.70 and a current ratio of 1.13.

Samsonite Group (OTCMKTS:SMSEY) last issued its earnings results on Wednesday, November 12th. The company reported $0.23 EPS for the quarter. The business had revenue of $872.70 million during the quarter. Samsonite Group had a return on equity of 19.92% and a net margin of 8.68%. On average, equities analysts predict that Samsonite Group will post 1.15 EPS for the current fiscal 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.