NEW YORK (

TheStreet

) --

Interface

(Nasdaq:

IFSIA

) hit a new 52-week high Thursday as it is currently trading at $20.25, above its previous 52-week high of $20.23 with 40,901 shares traded as of 9:52 a.m. ET. Average volume has been 318,500 shares over the past 30 days.

Interface has a market cap of $1.2 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 27.4% year to date as of the close of trading on Wednesday.

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 76.5, below the average industrial industry P/E ratio of 79.5 and above the S&P 500 P/E ratio of 17.7.

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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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