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Samsonite Group (OTCMKTS:SMSEY) Sees Large Volume Increase - What's Next?

Samsonite Group logo with Consumer Discretionary background

Samsonite Group S.A. (OTCMKTS:SMSEY - Get Free Report) saw unusually-high trading volume on Friday . Approximately 62,883 shares traded hands during 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 1.4%

The firm has a market cap of $2.38 billion, a PE ratio of 8.04 and a beta of 0.69. The company has a 50-day simple moving average of $9.12 and a 200-day simple moving average of $11.81. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.60 and a quick ratio of 1.00.

Samsonite Group (OTCMKTS:SMSEY - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported $0.19 earnings per share (EPS) for the quarter. Samsonite Group had a return on equity of 21.65% and a net margin of 8.67%. The firm had revenue of $796.60 million during the quarter, compared to analyst estimates of $799.00 million. Analysts expect that Samsonite Group S.A. will post 1.15 earnings per share for the current fiscal year.

Samsonite Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, July 30th. Stockholders of record on Monday, June 9th will be given a dividend of $0.3865 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a dividend yield of 4.16%. Samsonite Group's dividend payout ratio (DPR) is 35.51%.

Samsonite Group Company Profile

(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.

Further Reading

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