Aware (NASDAQ:AWRE) Earns Buy Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Aware (NASDAQ:AWRE) in a research report sent to investors on Wednesday. The brokerage issued a buy rating on the software maker’s stock.

Aware Stock Performance

Shares of Aware stock opened at $1.60 on Wednesday. The business’s 50 day simple moving average is $1.57 and its 200 day simple moving average is $1.89. Aware has a 52-week low of $1.35 and a 52-week high of $2.97. The firm has a market cap of $33.93 million, a PE ratio of -4.44 and a beta of 0.72.

Institutional Investors Weigh In On Aware

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC raised its position in Aware by 3.7% in the 2nd quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock valued at $1,414,000 after buying an additional 25,800 shares during the last quarter. Geode Capital Management LLC grew its stake in Aware by 28.9% in the third quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock valued at $316,000 after purchasing an additional 37,828 shares in the last quarter. Finally, Corsair Capital Management L.P. bought a new position in Aware in the third quarter valued at approximately $146,000. Institutional investors and hedge funds own 24.39% of the company’s stock.

Aware Company Profile

Aware, Inc, an authentication company, provides biometrics software products and solutions for government agencies and commercial entities in the United States, the United Kingdom, and internationally. The company offers biometric software solution, including Knomi, a mobile biometric framework which provides multiple biometric modality options; AwareABIS, an automated biometric identification system used for large-scale biometric identification and deduplication; AFIX suite used for small-scale law enforcement focused biometric identification; and AFIX Tracker for fingerprint, palmprint, and latent print identification, as well as AFIX Face, AFIX Verifier, AFIX Identifier, AFIX Comparator, AFIX Engine, and AFIX NIST Transaction Engine.