Samsonite International S.A. (OTCMKTS:SMSEY) Short Interest Down 98.6% in October

Samsonite International S.A. (OTCMKTS:SMSEY) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 200 shares, a decline of 98.6% from the September 30th total of 13,900 shares. Based on an average daily volume of 39,400 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Dbs Bank upgraded Samsonite International to a “strong-buy” rating in a report on Thursday, August 15th.

Samsonite International Trading Down 0.3 %

Shares of OTCMKTS SMSEY opened at $12.20 on Friday. The firm has a market capitalization of $3.57 billion, a PE ratio of 8.41 and a beta of 0.47. Samsonite International has a one year low of $10.90 and a one year high of $20.06. The business has a 50-day moving average price of $12.33 and a two-hundred day moving average price of $14.49.

Samsonite International (OTCMKTS:SMSEY) last announced its quarterly earnings data on Wednesday, August 14th. The company reported $0.30 EPS for the quarter. Samsonite International had a net margin of 11.67% and a return on equity of 26.06%. The firm had revenue of $908.90 million for the quarter. Research analysts anticipate that Samsonite International will post 1.25 EPS 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.