Samsonite International (OTCMKTS:SMSEY) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Samsonite International (OTCMKTS:SMSEY) to a strong-buy rating in a research report report published on Sunday,Zacks.com reports.

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

Samsonite International Stock Performance

Shares of Samsonite International stock opened at $13.90 on Friday. Samsonite International has a 12 month low of $10.68 and a 12 month high of $20.06. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.61 and a quick ratio of 1.07. The stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 10.69 and a beta of 0.56. The firm’s fifty day simple moving average is $12.46 and its 200-day simple moving average is $13.26.

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.