Mohawk Industries Inc. (MHK) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Mohawk Industries Inc. (MHK) experienced unusually high volume on Dec. 21, as the stock lost 2.75% to a closing price of $188.02. The stock saw 1.26 million shares trade hands over the course of the day on 9,563 trades. Given that the stock’s average daily volume over the last month has been 743,077 shares a day, this represents a pretty substantial spike over the norm.

Mohawk Industries Inc. has a P/B ratio of 2.93. It also has a P/E ratio of 24.4. The stock has traded between $212.16 and $151.15 over the last 52-weeks, its 50-day SMA is now $192.13, and its 200-day SMA $190.83.

Mohawk Industries Inc is a flooring manufacturer that creates products to enhance residential and commercial spaces around the world. The Company's segments are: the Carpet segment, the Ceramic segment and the Laminate and Wood segment.

Headquartered in Calhoun, GA, Mohawk Industries Inc. has 32,300 employees and is currently under the leadership of CEO Jeffrey S. Lorberbaum.

For a complete fundamental analysis analysis of Mohawk Industries Inc., check out’s Stock Valuation Analysis report for MHK. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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