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

Equities research analysts at StockNews.com began coverage on shares of Aware (NASDAQ:AWRE) in a research note issued on Wednesday. The brokerage set a “buy” rating on the software maker’s stock.

Aware Stock Down 1.8 %

Aware stock opened at $1.65 on Wednesday. Aware has a 52-week low of $1.35 and a 52-week high of $2.97. The company has a market cap of $34.99 million, a P/E ratio of -4.58 and a beta of 0.72. The business has a 50-day simple moving average of $1.58 and a two-hundred day simple moving average of $1.90.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC increased its stake 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 purchasing an additional 25,800 shares in the last quarter. Corsair Capital Management L.P. bought a new stake in Aware during the third quarter valued at about $146,000. Finally, Geode Capital Management LLC increased 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 worth $316,000 after buying an additional 37,828 shares in the last quarter. 24.39% of the stock is currently owned by 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.