Aware (NASDAQ:AWRE) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Aware, Inc. (NASDAQ:AWRE)’s share price passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $1.26 and traded as low as $1.00. Aware shares last traded at $1.00, with a volume of 17,589 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Aware Stock Performance

The stock’s fifty day moving average price is $1.18 and its 200-day moving average price is $1.26. The firm has a market cap of $20.05 million, a PE ratio of -2.30 and a beta of 1.04.

Aware (NASDAQ:AWRE) last released its quarterly earnings data on Wednesday, July 29th. The software maker reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.02). Aware had a negative return on equity of 35.21% and a negative net margin of 51.92%. The company had revenue of $3.25 million for the quarter, compared to analysts’ expectations of $3.70 million.

Institutional Investors Weigh In On Aware

A hedge fund recently raised its stake in Aware stock. Renaissance Technologies LLC increased its position in Aware, Inc. (NASDAQ:AWRE) by 1.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 655,712 shares of the software maker’s stock after acquiring an additional 10,139 shares during the period. Renaissance Technologies LLC owned approximately 3.03% of Aware worth $820,000 as of its most recent SEC filing. Institutional investors own 24.39% of the company’s stock.

About Aware

Aware, Inc is a biometric software and technology company that develops solutions for identity management, authentication and biometric data processing. Its products support the enrollment, storage, comparison and verification of biometric information, including fingerprints, facial images, irises and other biometric modalities.

The company’s offerings are designed for government agencies, law enforcement, border management, defense organizations and commercial enterprises. Aware provides biometric platforms, identity-management software, application programming interfaces and related tools that can be used to build systems for applicant screening, identity verification, credentialing and secure access.

Aware was founded in 1986 and is headquartered in Bedford, Massachusetts.