Samsonite Group (OTCMKTS:SMSEY) Shares Gap Up – Still a Buy?

Samsonite Group S.A. (OTCMKTS:SMSEY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $9.42, but opened at $9.80. Samsonite Group shares last traded at $9.80, with a volume of 1,250 shares trading hands.

Samsonite Group Price Performance

The stock has a market capitalization of $2.72 billion, a P/E ratio of 9.42 and a beta of 0.78. The company has a fifty day moving average of $11.31 and a two-hundred day moving average of $11.69.

Samsonite Group (OTCMKTS:SMSEY) last announced its quarterly earnings data on Thursday, March 19th. The company reported $0.38 earnings per share for the quarter. The firm had revenue of $963.30 million during the quarter. Samsonite Group had a return on equity of 19.58% and a net margin of 8.27%. As a group, equities research analysts predict that Samsonite Group S.A. will post 1.15 EPS for the current fiscal year.

Samsonite Group Company Profile

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.