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

StockNews.com initiated coverage on shares of Aware (NASDAQ:AWRE) in a research report sent to investors on Thursday. The firm issued a buy rating on the software maker’s stock.

Aware Trading Down 0.7 %

Shares of NASDAQ:AWRE opened at $1.50 on Thursday. Aware has a 1-year low of $1.35 and a 1-year high of $2.97. The business’s 50 day moving average is $1.82 and its 200-day moving average is $1.96. The firm has a market capitalization of $31.81 million, a PE ratio of -4.17 and a beta of 0.82.

Institutional Investors Weigh In On Aware

Institutional investors have recently added to or reduced their stakes in the stock. Corsair Capital Management L.P. acquired a new position in shares of Aware in the 3rd quarter worth approximately $146,000. Geode Capital Management LLC grew 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 period. Finally, Renaissance Technologies LLC raised its stake in Aware by 3.7% during the second 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 in the last quarter. 24.39% of the stock is owned by institutional investors and hedge funds.

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.