Samsonite International (OTCMKTS:SMSEY) Trading Up 0.1% – Time to Buy?

Samsonite International S.A. (OTCMKTS:SMSEY)’s share price was up 0.1% during trading on Thursday . The stock traded as high as $13.76 and last traded at $13.76. Approximately 9,031 shares were traded during trading, an increase of 100% from the average daily volume of 4,526 shares. The stock had previously closed at $13.75.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Samsonite International to a “strong-buy” rating in a research note on Sunday, December 8th.

Samsonite International Price Performance

The company has a market capitalization of $3.85 billion, a PE ratio of 10.58 and a beta of 0.56. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.07 and a current ratio of 1.61. The stock has a 50 day moving average price of $13.34 and a two-hundred day moving average price of $12.96.

Samsonite International 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.