Short Interest in Samsonite International S.A. (OTCMKTS:SMSEY) Decreases By 88.8%

Samsonite International S.A. (OTCMKTS:SMSEY) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 1,800 shares, a drop of 88.8% from the January 31st total of 16,000 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is currently 0.3 days.

Samsonite International Stock Performance

OTCMKTS SMSEY traded up $0.45 during trading hours on Thursday, hitting $13.86. The company had a trading volume of 458 shares, compared to its average volume of 5,093. The company has a quick ratio of 1.07, a current ratio of 1.61 and a debt-to-equity ratio of 1.11. The firm has a market cap of $3.87 billion, a P/E ratio of 10.66 and a beta of 0.56. Samsonite International has a fifty-two week low of $10.68 and a fifty-two week high of $20.06. The business has a fifty day simple moving average of $14.17 and a 200-day simple moving average of $13.08.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Samsonite International to a “strong-buy” rating in a report on Sunday, December 8th.

Samsonite International Company Profile

Samsonite International SA engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. The company offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names.