Stock News in Focus: Interface (NASDAQ:TILE)

Interface (NASDAQ:TILE) stock identified change of 8.29% away from 52-week low price and recently located move of -53.60% off 52-week high price. It has market worth of $652.01M and dividend yield of 2.32%. TILE stock has been recorded -15.05% away from 50 day moving average and -26.31% away from 200 day moving average. Moving closer, we can see that shares have been trading 2.26% off 20-day moving average.

On Sept. 05, 2019, Interface (NASDAQ:TILE) a leading global commercial flooring company and worldwide leader in sustainability, revealed the election of Dwight Gibson and Joseph Keough to its Board of Directors.

Gibson has deep roots in manufacturing and sustainability, while Keough has spent the greater part of his career in commercial real estate.

Gibson serves as President, Food & Beverage and Industrial Segments for SPX FLOW, a leading global provider of process solutions and components across a variety of sanitary and industrial market applications. Prior to joining SPX FLOW, Gibson spent 11 years at HVAC manufacturer Ingersoll Rand, most recently leading significant growth initiatives as President of Strategic Initiatives for the company’s climate segment.

He earned his Bachelor of Business Administration from Howard University and Master of Business Adminstration (MBA) from Stanford University. In 2013, Gibson earned a Master of Diplomacy and International Strategy from the London School of Economics and Political Science. His dissertation focused on the impact of climate change on the economic power of the United States.

Keough serves as Chairman and CEO of Wood Partners (Wood), one of the nation’s largest multi-family real estate companies. Prior to becoming CEO of Wood in 2014, he served as both CFO and then President. Before joining Wood Partners, he worked as Chief Operating Officer at Fuqua Capital, the vertically integrated family office of the Fuqua family. Keough also previously served as a Principal of The Boston Consulting Group, an international strategic consulting firm.

The Industrial Goods sector company, Interface noticed change of 5.25% to $11.23 along volume of 470444 shares in recent session compared to an average volume of 350.62K. The stock observed return of 6.04% in 5 days trading activity. The stock was at -4.91% over one month performance. TILE’s shares are at -24.38% for the quarter and driving a -53.21% return over the course of the past year and is now at -21.19% since this point in 2018.

The average volatility for the week at 3.79% and for month was at 3.22%. There are 58.06M shares outstanding and 57.22M shares are floated in market. Right now the stock beta is 1.51.


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