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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 $120.46, above its previous 52-week high of $119.88 with 183,873 shares traded as of 10:35 a.m. ET. Average volume has been 801,000 shares over the past 30 days. Mohawk has a market cap of $8.56 billion and is part of the industrial goods sector and industrial industry. Shares are up 31.1% year to date as of the close of trading on Monday. Mohawk Industries, Inc., together with its subsidiaries, produces floor covering products for residential and commercial applications in the United States and for residential applications in Europe. The company operates through three segments: Mohawk, Dal-Tile, and Unilin. The company has a P/E ratio of 31.5, above the S&P 500 P/E ratio of 17.7.