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

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

Aware Trading Down 1.3 %

AWRE opened at $1.52 on Friday. Aware has a 12 month low of $1.35 and a 12 month high of $2.97. The business’s 50-day moving average price is $1.71 and its 200-day moving average price is $1.92. The company has a market cap of $32.22 million, a P/E ratio of -4.22 and a beta of 0.77.

Institutional Investors Weigh In On Aware

Several institutional investors and hedge funds have recently modified their holdings of the stock. Corsair Capital Management L.P. bought a new position in Aware in the third quarter worth about $146,000. Geode Capital Management LLC lifted its stake in shares of Aware by 28.9% in the 3rd 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 during the period. Finally, Renaissance Technologies LLC boosted its position in shares of Aware by 3.7% during 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 in the last quarter. 24.39% of the stock is owned by hedge funds and other institutional investors.

About Aware

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.