Separately, ValuEngine raised shares of Hawkins from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th.
HWKN stock traded up $0.30 during mid-day trading on Tuesday, reaching $42.64. 290 shares of the stock traded hands, compared to its average volume of 34,450. The company has a market cap of $454.77 million, a P/E ratio of 16.85 and a beta of 0.89. Hawkins has a 52-week low of $32.79 and a 52-week high of $47.94. The company has a current ratio of 2.47, a quick ratio of 1.34 and a debt-to-equity ratio of 0.32. The stock’s fifty day moving average is $43.84 and its 200-day moving average is $43.18.
Several institutional investors and hedge funds have recently bought and sold shares of HWKN. Russell Investments Group Ltd. bought a new position in Hawkins during the third quarter valued at approximately $110,000. Hancock Whitney Corp bought a new position in Hawkins during the second quarter valued at about $200,000. AdvisorNet Financial Inc acquired a new stake in shares of Hawkins in the third quarter worth about $203,000. Citadel Advisors LLC acquired a new stake in shares of Hawkins in the second quarter worth about $273,000. Finally, State of Alaska Department of Revenue lifted its position in shares of Hawkins by 124.4% in the third quarter. State of Alaska Department of Revenue now owns 7,295 shares of the specialty chemicals company’s stock worth $310,000 after buying an additional 4,044 shares during the last quarter. 59.53% of the stock is owned by institutional investors.
Hawkins, Inc blends, manufactures, and distributes chemicals and other specialty ingredients in the United States and internationaly. It operates in three segments: Industrial, Water Treatment, and Health and Nutrition. It provides industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.
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