Samsonite International S.A. (OTCMKTS:SMSEY) Short Interest Update

Samsonite International S.A. (OTCMKTS:SMSEY) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 4,400 shares, a decrease of 87.7% from the November 30th total of 35,900 shares. Based on an average daily volume of 9,600 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Samsonite International to a “strong-buy” rating in a research report on Sunday, December 8th.

Samsonite International Stock Performance

Shares of SMSEY traded up $0.05 during mid-day trading on Thursday, reaching $13.92. 2,184 shares of the company’s stock were exchanged, compared to its average volume of 10,333. The business’s fifty day simple moving average is $12.64 and its 200-day simple moving average is $13.10. The stock has a market capitalization of $3.91 billion, a PE ratio of 10.71 and a beta of 0.56. Samsonite International has a 52-week low of $10.68 and a 52-week high of $20.06. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.61 and a quick ratio of 1.07.

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.