Shares of Samsonite Group S.A. (OTCMKTS:SMSEY - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 62,883 shares were traded during mid-day trading, an increase of 305% from the previous session's volume of 15,534 shares.The stock last traded at $8.80 and had previously closed at $8.96.
Samsonite Group Stock Down 2.5%
The company has a current ratio of 1.60, a quick ratio of 1.00 and a debt-to-equity ratio of 1.09. The company's fifty day simple moving average is $9.12 and its 200 day simple moving average is $11.87. The firm has a market capitalization of $2.41 billion, a P/E ratio of 8.16 and a beta of 0.69.
Samsonite Group (OTCMKTS:SMSEY - Get Free Report) last posted its earnings results on Tuesday, May 13th. The company reported $0.19 earnings per share for the quarter. The firm had revenue of $796.60 million for the quarter, compared to the consensus estimate of $799.00 million. Samsonite Group had a return on equity of 21.65% and a net margin of 8.67%. Research analysts expect that Samsonite Group S.A. will post 1.15 EPS for the current year.
Samsonite Group Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, July 30th. Shareholders of record on Monday, June 9th will be issued a $0.3865 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a yield of 4.16%. Samsonite Group's dividend payout ratio (DPR) is 36.45%.
About Samsonite Group
(
Get Free Report)
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.
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