Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Mohawk Industries (NYSE: MHK) hit a new 52-week high Tuesday as it is currently trading at $109.82, above its previous 52-week high of $109.30 with 38,932 shares traded as of 9:40 a.m. ET. Average volume has been 726,600 shares over the past 30 days. Mohawk has a market cap of $7.38 billion and is part of the industrial goods sector and industrial industry. Shares are up 19.4% year to date as of the close of trading on Monday. Mohawk Industries, Inc., together with its subsidiaries, engages in the production and sale of floor covering products for residential and commercial markets for remodeling and new construction primarily in the United States and Europe. The company has a P/E ratio of 29.5, above the S&P 500 P/E ratio of 17.7.
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