NEW YORK (

TheStreet

) --

Interface

(Nasdaq:

IFSIA

) hit a new 52-week high Friday as it is currently trading at $19.58, above its previous 52-week high of $19.51 with 110,710 shares traded as of 10:35 a.m. ET. Average volume has been 316,900 shares over the past 30 days.

Interface has a market cap of $1.1 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 21.3% year to date as of the close of trading on Thursday.

Interface, Inc. engages in the design, production, and sale of modular and broadloom carpets, and other floor covering products for the commercial, institutional, and residential markets primarily in the Americas, Europe, and the Asia-Pacific. The company has a P/E ratio of 71.9, below the average industrial industry P/E ratio of 74.8 and above the S&P 500 P/E ratio of 16.9.

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TheStreet Ratings rates Interface as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Interface Ratings Report

.

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