Short Interest in Samsonite International S.A. (OTCMKTS:SMSEY) Decreases By 50.0%

Samsonite International S.A. (OTCMKTS:SMSEY - Get Free Report) saw a significant decline in short interest in March. As of March 31st, there was short interest totalling 1,500 shares, a decline of 50.0% from the March 15th total of 3,000 shares. Based on an average daily volume of 7,800 shares, the days-to-cover ratio is presently 0.2 days.

Samsonite International Stock Performance

OTCMKTS SMSEY traded down $0.03 during trading hours on Thursday, reaching $18.43. The company's stock had a trading volume of 4,014 shares, compared to its average volume of 12,586. The company's 50-day moving average is $17.35 and its two-hundred day moving average is $16.16. Samsonite International has a fifty-two week low of $12.40 and a fifty-two week high of $20.06. The stock has a market cap of $5.37 billion, a PE ratio of 12.90 and a beta of 0.54.

Samsonite International (OTCMKTS:SMSEY - Get Free Report) last issued its quarterly earnings data on Wednesday, March 13th. The company reported $0.33 earnings per share for the quarter. Samsonite International had a net margin of 11.33% and a return on equity of 31.46%. The business had revenue of $948.50 million during the quarter. Equities analysts expect that Samsonite International will post 1.4 earnings per share for the current fiscal year.

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.