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

Equities researchers at StockNews.com began coverage on shares of Aware (NASDAQ:AWRE) in a research note issued on Wednesday. The brokerage set a “buy” rating on the software maker’s stock.

Aware Price Performance

NASDAQ AWRE opened at $1.50 on Wednesday. The company’s fifty day moving average is $1.89 and its two-hundred day moving average is $1.98. Aware has a 52-week low of $1.43 and a 52-week high of $2.97. The firm has a market capitalization of $31.80 million, a price-to-earnings ratio of -4.17 and a beta of 0.82.

Institutional Trading of Aware

A hedge fund recently raised its stake in Aware stock. Renaissance Technologies LLC increased its position in Aware, Inc. (NASDAQ:AWRE) by 3.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 717,773 shares of the software maker’s stock after purchasing an additional 25,800 shares during the quarter. Renaissance Technologies LLC owned approximately 3.40% of Aware worth $1,414,000 at the end of the most recent quarter. 24.39% of the stock is currently owned by hedge funds and other institutional investors.

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.