Revenue Update on Hawkins(NASDAQ:HWKN)

Hawkins(NASDAQ:HWKN) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during After-hours on Aug 3, 2016. Earnings per share were $0.72.

Hawkins (HWKN) shares turned negative on Fridays trading session with the shares closing down -0.5 points or -1.14% at a volume of 71,618. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $44.53. The peak price level was also seen at $44.53 while the days lowest was $43.03. Finally the shares closed at $43.37. The 52-week high of the shares is $45.65 while the 52-week low is $30.53. According to the latest information available, the market cap of the company is $460 M.

Several Insider Transactions has been reported to the SEC. On Feb 26, 2016, Kathleen P. Pepski (CFO) purchased 3,000 shares at $31.98 per share price.Also, On Feb 22, 2016, Jeffrey L Wright (director) purchased 2,000 shares at $32.62 per share price.

Hawkins Inc. distributes blends and manufactures chemicals. The Company conducts its business in two segments: Industrial and Water Treatment. The Company’s Industrial Group operates its Industrial segment which specializes in providing industrial chemicals products and services to industries such as agriculture chemical processing electronics energy food pharmaceutical plating and power generation. The Company’s Water Treatment Group operates its Water Treatment segment which specializes in providing chemicals equipment and solutions for potable water municipal and industrial wastewater industrial process water and non-residential swimming pool water. The Company’s subsidiaries include The Dumont Company Inc. and Vertex Chemical Corporation.

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