Mohawk Industries (MHK) Shares are Down -2.63%

Mohawk Industries (MHK) : During the past 4 weeks, traders have been relatively bearish on Mohawk Industries (MHK), hence the stock is down -5.86% 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 -2.79% relative to the S&P 500. The 4-week change in the price of the stock is -6.37% and the stock has fallen -2.63% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.12% and the 50-Day Moving Average is 3.87%.The 200 Day SMA reached 4.55%


Mohawk Industries (NYSE:MHK): After opening at $200.03, the stock dipped to an intraday low of $198.22 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $201.12 and the buying power remained strong till the end. The stock closed at $200.34 for the day, a gain of 0.74% for the day session. The total traded volume was 869,101. The stocks close on the previous trading day was $200.34.

Mohawk Industries (MHK) : Average target price received by Mohawk Industries (MHK) is $241.28 with an expected standard deviation of $8.6. The most aggressive target on the stock is $250, whereas the most downbeat target is $225. 9 financial analysts are currently covering the stock.

Mohawk Industries, Inc. is a flooring manufacturer that creates products for residential and commercial spaces around the world. The Company operates in three segments: the Carpet segment, the Ceramic segment, and the Laminate and Wood segment. The Carpet segment designs, manufactures, sources, distributes and markets its carpet and rug product lines in a range of colors, textures and patterns for residential and commercial applications. The Ceramic segment designs, manufactures, sources, distributes and markets a line of ceramic tile, porcelain tile and natural stone products. The Laminate and Wood segment designs, manufactures, sources, licenses, distributes and markets laminate and hardwood flooring. Its manufacturing and distribution processes provide carpet, rugs, ceramic tile, laminate, wood, stone and vinyl flooring. Its brands include American Olean, Bigelow, Daltile, Durkan, Karastan, Kerama Marazzi, Lees, Marazzi, Mohawk, Pergo, Quick-Step and Unilin.

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