Shares of Mohawk Industries Inc. (NYSE:MHK) traded at a new 52-week high today of $192.30. So far today approximately 186,000 shares have been exchanged, as compared to an average 30-day volume of 552,000 shares.
Mohawk Industries Inc. share prices have moved between a 52-week high of $192.30 and a 52-week low of $56.62 and are now trading 240% above that low price at $192.26 per share.
Mohawk Industries manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. The Georgia-based company has grown from a U.S.-focused carpeting manufacturer to a leading global player in the diversified flooring market. Mohawk operates three reporting segments: global ceramic ($3.6 billion of sales in 2019), North America flooring ($3.8 billion), and rest of the world flooring ($2.5 billion). The company generates approximately 60% of its sales in the United States.
Based on a current price of $192.26, Mohawk Industries Inc. is currently 3.4% above its average consensus analyst price target of $185.76.
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