NEW YORK ( TheStreet) -- Interface (Nasdaq: IFSIA) is trading at unusually high volume Thursday with 1.7 million shares changing hands. It is currently at four times its average daily volume and trading up $1.76 (+14.1%) at $14.20 as of 1:45 p.m. ET. Interface has a market cap of $842.7 million and is part of the industrial goods sector and industrial industry. Shares are up 7.8% year to date as of the close of trading on Wednesday. Interface, Inc. engages in the design, production, and sale of 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 21.5, below the average industrial industry P/E ratio of 21.8 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Interface as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Interface Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.
The ex-dividend date for Interface (Nasdaq:IFSIA) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $13.30 as of 9:30 a.m., the dividend yield is 0.6%.