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

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

Aware Trading Up 2.7 %

AWRE opened at $1.54 on Tuesday. The firm has a market cap of $32.62 million, a P/E ratio of -4.28 and a beta of 0.82. Aware has a 12 month low of $1.44 and a 12 month high of $2.97. The stock has a 50-day moving average of $1.99 and a 200 day moving average of $1.99.

Aware (NASDAQ:AWRE) last released its quarterly earnings results on Thursday, August 8th. The software maker reported ($0.05) EPS for the quarter. The company had revenue of $4.32 million during the quarter. Aware had a negative return on equity of 14.30% and a negative net margin of 44.06%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Aware stock. Renaissance Technologies LLC raised its holdings in shares of Aware, Inc. (NASDAQ:AWRE) by 3.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 717,773 shares of the software maker’s stock after buying an additional 25,800 shares during the period. Renaissance Technologies LLC owned about 3.40% of Aware worth $1,414,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 24.39% of the company’s stock.

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.