Samsonite Group (OTCMKTS:SMSEY) Shares Gap Down – Time to Sell?

Samsonite Group S.A. (OTCMKTS:SMSEY) shares gapped down prior to trading on Friday . The stock had previously closed at $10.80, but opened at $9.95. Samsonite Group shares last traded at $9.72, with a volume of 283 shares.

Samsonite Group Stock Down 9.4%

The company’s 50-day moving average price is $12.34 and its 200 day moving average price is $11.82. 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 cap of $2.72 billion, a PE ratio of 9.06 and a beta of 0.67.

Samsonite Group (OTCMKTS:SMSEY) last released its earnings results on Thursday, March 19th. The company reported $0.38 EPS for the quarter. Samsonite Group had a net margin of 8.68% and a return on equity of 19.92%. The company had revenue of $963.30 million for the quarter. As a group, analysts forecast that Samsonite Group S.A. will post 1.15 EPS for the current fiscal year.

About Samsonite Group

Samsonite Group (OTCMKTS: SMSEY) is a leading global designer and manufacturer of luggage, travel bags and accessories. The company’s product portfolio spans hard‐side and soft‐side suitcases, business cases, backpacks, travel accessories and outdoor gear. With a broad range of innovative materials and features such as lightweight polycarbonate shells, integrated locks and expansion capabilities, Samsonite serves both leisure and corporate travelers seeking durability, functionality and style.

Headquartered in Luxembourg, Samsonite distributes its products through a diversified network of over 1,000 direct‐to‐consumer retail outlets, e-commerce platforms and wholesale partnerships.