Samsonite Group S.A. (OTCMKTS:SMSEY) Short Interest Up 38.7% in March

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

Samsonite Group Stock Performance

OTCMKTS SMSEY opened at $9.57 on Monday. The firm has a market cap of $2.65 billion, a P/E ratio of 9.20 and a beta of 0.67. The company has a quick ratio of 0.70, a current ratio of 1.13 and a debt-to-equity ratio of 0.87. The company’s 50 day moving average is $11.92 and its 200-day moving average is $11.77. Samsonite Group has a 12-month low of $8.32 and a 12-month high of $14.10.

Samsonite Group (OTCMKTS:SMSEY) last released its quarterly earnings data on Thursday, March 19th. The company reported $0.38 EPS for the quarter. Samsonite Group had a net margin of 8.27% and a return on equity of 19.58%. The company had revenue of $963.30 million during the quarter. Sell-side 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.