Interface Inc. (TILE) Plunges 5.45% on November 25
Equities Staff Follow |Interface Inc. (TILE) had a rough trading day for Wednesday November 25 as shares tumbled 5.45%, or a loss of $-0.51 per share, to close at $8.85. After opening the day at $9.27, shares of Interface Inc. traded as high as $9.40 and as low as $8.70. Volume was 875,472 shares over 4,967 trades, against an average daily volume of n/a shares and a total float of 58.67 million.
As a result of the decline, Interface Inc. now has a market cap of $519.22 million. In the last year, shares of Interface Inc. have traded between a range of $17.68 and $5.06, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
For a complete fundamental analysis of Interface Inc., check out Equities.com’s Stock Valuation Analysis report for TILE.
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Interface Inc is engaged in designing, production and sale of carpet tile. The company mainly targets corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retailers. Its Geographical segments include Americas, Europe, and Asia-Pacific. Generating, a majority of its revenue from America.
Interface Inc. is based out of Atlanta, GA and has some 4,335 employees. Its CEO is Daniel T. Hendrix.
Interface Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
To get more information on Interface Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: TILE’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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November 26, 2020 at 05:11AM
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Interface Inc. (TILE) Plunges 5.45% on November 25 - Equities.com
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