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

Samsonite International S.A. (OTCMKTS:SMSEY) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $10.68 and last traded at $10.90, with a volume of 6007 shares. The stock had previously closed at $11.46.

Analysts Set New Price Targets

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

Samsonite International Price Performance

The stock has a market capitalization of $3.34 billion, a price-to-earnings ratio of 9.01 and a beta of 0.50. The company has a current ratio of 1.61, a quick ratio of 1.07 and a debt-to-equity ratio of 1.11. The stock has a 50-day simple moving average of $12.07 and a 200 day simple moving average of $13.91.

Samsonite International (OTCMKTS:SMSEY) last released its quarterly earnings data on Wednesday, August 14th. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $908.90 million for the quarter. Samsonite International had a net margin of 10.56% and a return on equity of 22.81%. On average, equities research analysts forecast that Samsonite International S.A. will post 1.25 EPS 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.