Overall market sentiment has been high on Interface, Inc. (TILE) stock lately. TILE receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With TILE Stock Today?
Interface, Inc. (TILE) stock is down -1.92% while the S&P 500 has risen 0.36% as of 11:38 AM on Thursday, Jun 10. TILE is lower by -$0.32 from the previous closing price of $16.68 on volume of 237,215 shares. Over the past year the S&P 500 is higher by 32.04% while TILE has risen 61.34%. TILE earned $0.63 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 25.81.
To see InvestorsObserver's Sentiment Score for Interface, Inc. click here.
More About Interface, Inc.
Interface Inc is engaged in the designing, production, and sale of carpet tile. It also provides Luxury Vinyl tiles and rubber flooring. The company mainly targets corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retailers. Its geographical segments include the Americas, Europe, and Asia-Pacific.
Click Here to get the full Stock Score Report on Interface, Inc. (TILE) Stock.
