Interface (NASDAQ:TILE) : During the past 4 weeks, traders have been relatively bearish on Interface (NASDAQ:TILE), hence the stock is down -10.97% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.37% relative to the S&P 500. The stock has risen by 0.91% in the past week indicating that the buyers are active at lower levels, but the stock is down -9.53% in the past 4 weeks.
The company shares have dropped -37.23% from its 1 Year high price. On Jul 30, 2015, the shares registered one year high at $27.17 and the one year low was seen on Feb 25, 2016. The 50-Day Moving Average price is $16.49 and the 200 Day Moving Average price is recorded at $16.99.
The stock has recorded a 20-day Moving Average of 4.36% and the 50-Day Moving Average is 5.97%.
Interface (NASDAQ:TILE): stock turned positive on Friday. Though the stock opened at $15.36, the bulls momentum made the stock top out at $15.63 level for the day. The stock recorded a low of $15.23 and closed the trading day at $15.56, in the green by 2.17%. The total traded volume for the day was 637,429. The stock had closed at $15.23 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the Coo of INTERFACE INC, Gould Jay had purchased shares worth of $147,600 in a transaction dated on June 29, 2016. A total of 10,000 shares were purchased at a price of $14.76 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
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 Companys revenues are derived from sales of floorcovering products, primarily modular carpet. The Company distributes its product through two primary channels: 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. The Company manufactures carpet at two locations in the United States and at facilities in the Netherlands, the United Kingdom, Thailand, China and Australia. The Companys principal geographic markets are the Americas, Europe and Asia-Pacific.