Samsonite International (OTCMKTS:SMSEY) Reaches New 12-Month Low – What’s Next?

Shares of Samsonite International S.A. (OTCMKTS:SMSEY) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $10.34 and last traded at $10.48, with a volume of 29149 shares trading hands. The stock had previously closed at $10.85.

Analyst Upgrades and Downgrades

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

Samsonite International Price Performance

The firm has a market cap of $2.91 billion, a P/E ratio of 8.06 and a beta of 0.65. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.61 and a quick ratio of 1.07. The stock’s 50-day simple moving average is $13.37 and its two-hundred day simple moving average is $13.12.

Samsonite International (OTCMKTS:SMSEY) last issued its quarterly earnings results on Wednesday, March 12th. The company reported $0.41 EPS for the quarter. The company had revenue of $942.40 million for the quarter. Samsonite International had a net margin of 10.56% and a return on equity of 22.81%. Equities research analysts forecast that Samsonite International S.A. will post 1.15 earnings per share for the current fiscal 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.