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

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

Aware Stock Performance

Shares of AWRE stock opened at $1.65 on Friday. Aware has a fifty-two week low of $1.35 and a fifty-two week high of $2.97. The firm has a market capitalization of $34.99 million, a price-to-earnings ratio of -4.58 and a beta of 0.72. The stock’s 50-day simple moving average is $1.59 and its 200-day simple moving average is $1.87.

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

Institutional Investors Weigh In On Aware

A number of large investors have recently modified their holdings of AWRE. Geode Capital Management LLC boosted 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 buying an additional 37,828 shares during the last quarter. Renaissance Technologies LLC boosted its position in Aware by 3.7% in 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 last quarter. Finally, Corsair Capital Management L.P. purchased a new stake in Aware in the third quarter valued at approximately $146,000. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Aware Company Profile

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.