Interface Inc’s filing revealed that its Director HENDRIX DANIEL T unloaded Company’s shares for reported $0.3 million on Feb 03 ’25. In the deal valued at $23.78 per share,12,500 shares were sold. As a result of this transaction, HENDRIX DANIEL T now holds 103,647 shares worth roughly $2.23 million.
Then, HENDRIX DANIEL T bought 12,500 shares, generating $297,242 in total proceeds.
Before that, HENDRIX DANIEL T sold 12,500 shares. Interface Inc shares valued at $301,250 were divested by the Director at a price of $24.10 per share. As a result of the transaction, HENDRIX DANIEL T now holds 116,147 shares, worth roughly $2.49 million.
Barrington Research initiated its Interface Inc [TILE] rating to an Outperform in a research note published on April 15, 2024; the price target was $20. A number of analysts have revised their coverage, including Longbow’s analysts, who increased its forecast for the stock in early March from “a Neutral” to “a Buy”. Truist also remained covering TILE and has decreased its forecast on February 22, 2023 with a “Hold” recommendation from previously “Buy” rating. Raymond James revised its rating on November 08, 2021. It rated TILE as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of TILE
On Friday, Interface Inc [NASDAQ:TILE] saw its stock fall -3.55% to $21.48. Over the last five days, the stock has lost -6.12%. Interface Inc shares have fallen nearly -11.79% since the year began. Nevertheless, the stocks have risen 61.63% over the past one year. While a 52-week high of $27.34 was reached on 01/30/25, a 52-week low of $12.87 was recorded on 02/21/25. SMA at 50 days reached $24.15, while 200 days put it at $19.80.
Levels Of Support And Resistance For TILE Stock
The 24-hour chart illustrates a support level at 21.01, which if violated will result in even more drops to 20.53. On the upside, there is a resistance level at 22.21. A further resistance level may holdings at 22.94. The Relative Strength Index (RSI) on the 14-day chart is 30.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.42%. Stochastics %K at 11.06% indicates the stock is a buying.
