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

Samsonite Group S.A. (OTCMKTS:SMSEY) was the recipient of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 4,005 shares, a decline of 29.6% from the January 29th total of 5,686 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 12,308 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 12,308 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Samsonite Group Stock Performance

Shares of OTCMKTS:SMSEY opened at $12.21 on Friday. The business has a 50-day moving average of $12.80 and a two-hundred day moving average of $11.79. The firm has a market capitalization of $3.39 billion, a PE ratio of 11.31 and a beta of 0.67. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.13 and a quick ratio of 0.70. Samsonite Group has a 12 month low of $8.32 and a 12 month high of $14.10.

Wall Street Analysts Forecast Growth

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

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.