NEW YORK (

TheStreet

) --

Interface

(Nasdaq:

IFSIA

) hit a new 52-week low Tuesday as it is currently trading at $10.44, below its previous 52-week low of $10.51 with 105,767 shares traded as of 11:40 a.m. ET. Average volume has been 475,900 shares over the past 30 days.

Interface has a market cap of $667.4 million and is part of the

industrial goods

sector and

industrial

industry. Shares are down 31.8% year to date as of the close of trading on Monday.

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 34.5, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

    Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

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 a generally disappointing performance in the stock itself, disappointing return on equity and generally poor debt management. You can view the full

Interface Ratings Report

.

See all

52-week low stocks

or get investment ideas from our

investment research center

.

null