Interface, Inc. (NASDAQ:TILE) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 1, 2016
Having a price of $16.64, Interface, Inc. (NASDAQ:TILE) traded 0.72% higher on the day. With the last stock price down -1.58% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. TILE has recorded a 50-day average of $17.02 and a two hundred day average of $16.96. Trade Volume was up over the average, with 655,704 shares of TILE changing hands over the typical 526,081
Zacks Investment Research has downgraded Interface, Inc. (NASDAQ:TILE) to Hold in a statement released on Thursday September 29, 2016.
Recent Performance Chart
Interface, Inc. has PE ratio of 15.24 with a one year low of $13.70 and a one year high of $24.44 and has a market capitalization of $0.
A total of 5 brokerages have issued a ratings update on Interface, Inc.. Two brokerages rating the company a strong buy, two brokerages rating the company a buy, three brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $23.20.
General Company Details For Interface, Inc. (NASDAQ:TILE)
Interface Inc. is engaged in design, production and sales of modular carpet, also known as carpet tile across the world. The Company markets its modular carpets in over 110 countries under the brand names Interface and FLOR. The Company distributes its product through approximately two primary channels, including direct sales to end users and indirect sales through independent contractors or distributors. The Company sells an antimicrobial chemical compound under the trademark Intersept that the Company incorporates in all of its modular carpet products. It also sells its TacTiles carpet tile installation system, along with a range of traditional adhesives and products for carpet installation and maintenance that are manufactured by a third-party. In addition, it manufactures and sells its Intercell brand raised/access flooring product in Europe. It also provides turnkey project management services for national accounts and other customers through its InterfaceSERVICES business.
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