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

StockNews.com started 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. The company has a market capitalization of $34.98 million, a PE ratio of -4.58 and a beta of 0.72. Aware has a 52-week low of $1.35 and a 52-week high of $2.97. The business’s fifty day moving average is $1.59 and its 200 day moving average is $1.87.

Aware (NASDAQ:AWRE) last announced 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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Corsair Capital Management L.P. purchased a new stake in shares of Aware during the 3rd quarter valued at $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 worth $316,000 after acquiring an additional 37,828 shares in the last quarter. Finally, Renaissance Technologies LLC increased its stake 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 acquiring an additional 25,800 shares during the last quarter. 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.