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 released on Saturday morning. The brokerage issued a buy rating on the software maker’s stock.

Aware Trading Down 1.8 %

Shares of AWRE opened at $1.60 on Friday. The firm has a market capitalization of $33.92 million, a price-to-earnings ratio of -4.44 and a beta of 0.71. The firm’s fifty day simple moving average is $1.61 and its 200-day simple moving average is $1.85. Aware has a twelve month low of $1.35 and a twelve month high of $2.97.

Institutional Investors Weigh In On Aware

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC increased its stake in Aware by 3.7% in the second quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock valued at $1,414,000 after purchasing an additional 25,800 shares during the last quarter. Corsair Capital Management L.P. acquired a new stake in Aware during the 3rd quarter worth $146,000. Finally, Geode Capital Management LLC lifted its position 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 acquiring an additional 37,828 shares during the last quarter. 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.