Samsonite Group (OTCMKTS:SMSEY) Sees Large Volume Increase – What’s Next?

by · The Markets Daily

Samsonite Group S.A. (OTCMKTS:SMSEY – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 167,077 shares were traded during trading, an increase of 293% from the previous session’s volume of 42,498 shares.The stock last traded at $13.04 and had previously closed at $12.5235.

Analyst Ratings Changes

Several research firms recently issued reports on SMSEY. UBS Group upgraded shares of Samsonite Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 14th. Zacks Research upgraded Samsonite Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 27th. Finally, Jefferies Financial Group raised Samsonite Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 13th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Get Our Latest Research Report on Samsonite Group

Samsonite Group Price Performance

The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.70 and a current ratio of 1.13. The stock has a market capitalization of $3.62 billion, a PE ratio of 12.07 and a beta of 0.67. The stock’s 50 day moving average is $11.47 and its two-hundred day moving average is $10.66.

Samsonite Group (OTCMKTS:SMSEY – Get Free Report) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.23 EPS for the quarter. The company had revenue of $872.70 million during the quarter. Samsonite Group had a return on equity of 19.92% and a net margin of 8.68%. On average, equities analysts anticipate that Samsonite Group S.A. will post 1.15 EPS for the current fiscal year.

About Samsonite Group

(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.

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