Aware (NASDAQ:AWRE) Now Covered by StockNews.com

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

Aware Stock Down 2.4 %

AWRE stock opened at $1.65 on Friday. The business’s fifty day simple moving average is $1.59 and its two-hundred day simple moving average is $1.87. Aware has a twelve month low of $1.35 and a twelve month high of $2.97. The firm has a market cap of $34.99 million, a price-to-earnings ratio of -4.58 and a beta of 0.72.

Aware (NASDAQ:AWRE) last released its earnings results on Wednesday, October 30th. The software maker reported ($0.06) earnings per share for the quarter. The business had revenue of $3.85 million during the quarter. Aware had a negative return on equity of 14.46% and a negative net margin of 44.06%.

Hedge Funds Weigh In On Aware

Several institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC increased its stake 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 buying an additional 25,800 shares during the period. Geode Capital Management LLC increased its stake in shares of Aware by 28.9% during the third quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock valued at $316,000 after buying an additional 37,828 shares during the period. Finally, Corsair Capital Management L.P. purchased a new position in shares of Aware during the third quarter valued at $146,000. 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.