Short Interest in Samsonite International S.A. (OTCMKTS:SMSEY) Decreases By 66.7%

Samsonite International S.A. (OTCMKTS:SMSEY) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 500 shares, a decline of 66.7% from the March 31st total of 1,500 shares. Based on an average daily trading volume, of 11,500 shares, the days-to-cover ratio is currently 0.0 days.

Samsonite International Price Performance

Shares of SMSEY traded down $0.18 during trading hours on Friday, reaching $17.70. 2,570 shares of the stock traded hands, compared to its average volume of 9,194. The company has a current ratio of 1.59, a quick ratio of 0.98 and a debt-to-equity ratio of 1.14. Samsonite International has a 52-week low of $12.40 and a 52-week high of $20.06. The company’s 50-day moving average price is $18.00 and its two-hundred day moving average price is $16.24. The company has a market cap of $5.16 billion, a P/E ratio of 12.38 and a beta of 0.54.

Samsonite International (OTCMKTS:SMSEY) last announced its quarterly earnings results on Wednesday, March 13th. The company reported $0.33 earnings per share (EPS) for the quarter. The company had revenue of $948.50 million for the quarter. Samsonite International had a net margin of 11.33% and a return on equity of 28.38%. On average, analysts anticipate that Samsonite International will post 1.4 earnings per share for the current year.

About Samsonite International

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.