Aware (NASDAQ:AWRE) Coverage Initiated at StockNews.com

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

Aware Stock Performance

Aware stock opened at $1.44 on Wednesday. Aware has a fifty-two week low of $1.42 and a fifty-two week high of $2.97. The stock has a 50-day simple moving average of $1.88 and a 200-day simple moving average of $1.98. The company has a market capitalization of $30.53 million, a P/E ratio of -4.00 and a beta of 0.82.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Corsair Capital Management L.P. purchased a new stake in shares of Aware during the third quarter worth approximately $146,000. Geode Capital Management LLC boosted its holdings in Aware by 28.9% during the third quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock worth $316,000 after buying an additional 37,828 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of Aware by 3.7% in the 2nd quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock worth $1,414,000 after acquiring an additional 25,800 shares during the period. 24.39% of the stock is owned by hedge funds and other institutional investors.

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.