Shares of MHK fell by 4.67% or $-3.11/share to $63.50. Mohawk Industries Inc. is trading at a price to book ratio of 1.34. The PEG is 0.77 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.81. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 589448 shares of MHK exchange hands on a given day and today's volume is recorded at 248916. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
Mohawk Industries, Inc., (Mohawk) is a producer of floor covering products for residential and commercial applications in the United States and residential applications in Europe.
