Samsonite Group (OTCMKTS:SMSEY) Releases Earnings Results

Samsonite Group (OTCMKTS:SMSEY) released its earnings results on Wednesday. The company reported $0.23 earnings per share for the quarter, Zacks reports. Samsonite Group had a return on equity of 20.98% and a net margin of 8.46%.

Samsonite Group Price Performance

SMSEY stock traded down $0.21 during mid-day trading on Wednesday, reaching $10.52. 1,583 shares of the company traded hands, compared to its average volume of 45,595. The company has a market capitalization of $2.91 billion, a P/E ratio of 10.11 and a beta of 0.69. Samsonite Group has a 52-week low of $8.32 and a 52-week high of $15.16. The company has a fifty day moving average price of $10.79 and a 200-day moving average price of $10.11. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.13 and a quick ratio of 0.70.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Samsonite Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 27th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Samsonite Group 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.