Samsonite Group (OTCMKTS:SMSEY) Shares Gap Up - What's Next?

Samsonite Group S.A. (OTCMKTS:SMSEY - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $9.56, but opened at $9.86. Samsonite Group shares last traded at $9.84, with a volume of 5,750 shares.

Samsonite Group Stock Up 3.0%

The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.00 and a current ratio of 1.60. The firm has a market capitalization of $2.81 billion, a PE ratio of 9.47 and a beta of 0.69. The company's 50 day simple moving average is $9.18 and its 200-day simple moving average is $11.46.

Samsonite Group (OTCMKTS:SMSEY - Get Free Report) last posted its earnings results on Tuesday, May 13th. The company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $796.60 million for the quarter, compared to analysts' expectations of $799.00 million. Samsonite Group had a net margin of 8.67% and a return on equity of 21.65%. On average, analysts forecast that Samsonite Group S.A. will post 1.15 EPS for the current fiscal year.

Samsonite Group Cuts Dividend

The business also recently disclosed 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. This represents a dividend yield of 4.16%. The ex-dividend date is Friday, June 6th. Samsonite Group's dividend payout ratio (DPR) is currently 36.45%.

About Samsonite Group

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.