NEW YORK (

TheStreet

) --

Interface

(Nasdaq:

IFSIA

) hit a new 52-week high Wednesday as it traded at $18.02 compared with its previous 52-Week high of $17.95. Interface is changing hands at $17.97 with 14,934 shares traded as of 10:01 a.m. ET. Average volume has been 369,000 shares over the past 30 days.

Interface has a market cap of $1 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 12.9% year to date as of the close of trading on Tuesday.

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 125.1, below the average industrial industry P/E ratio of 134.8 and above the S&P 500 P/E ratio of 16.1.

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TheStreet Ratings rates Interface as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally poor debt management. You can view the full

Interface Ratings Report

.

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