Hawkins (NASDAQ:HWKN) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Tuesday, BidAskClub reports.

Separately, ValuEngine raised shares of Hawkins from a “sell” rating to a “hold” rating in a report on Thursday, November 14th.

Shares of NASDAQ HWKN traded up $0.30 during mid-day trading on Tuesday, hitting $42.64. 290 shares of the stock were exchanged, 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. The stock’s fifty day simple moving average is $43.84 and its two-hundred day simple moving average is $43.18. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.34 and a current ratio of 2.47. Hawkins has a twelve month low of $32.79 and a twelve month high of $47.94.

Hawkins (NASDAQ:HWKN) last posted its quarterly earnings data on Wednesday, October 30th. The specialty chemicals company reported $0.87 earnings per share for the quarter. The company had revenue of $140.04 million during the quarter. Hawkins had a net margin of 4.91% and a return on equity of 12.14%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in HWKN. Russell Investments Group Ltd. bought a new stake in shares of Hawkins during the third quarter valued at approximately $110,000. Hancock Whitney Corp bought a new stake in shares of Hawkins during the second quarter valued at approximately $200,000. AdvisorNet Financial Inc bought a new stake in shares of Hawkins during the third quarter valued at approximately $203,000. Citadel Advisors LLC bought a new stake in shares of Hawkins during the second quarter valued at approximately $273,000. Finally, State of Alaska Department of Revenue grew its stake in shares of Hawkins by 124.4% during the third quarter. State of Alaska Department of Revenue now owns 7,295 shares of the specialty chemicals company’s stock valued at $310,000 after purchasing an additional 4,044 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

About Hawkins

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.

Featured Article: What is an Initial Coin Offering (ICO)?

Receive News & Ratings for Hawkins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hawkins and related companies with MarketBeat.com's FREE daily email newsletter.