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

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

Aware Trading Up 2.1 %

AWRE stock opened at $1.67 on Friday. The firm has a 50-day moving average of $1.61 and a two-hundred day moving average of $1.86. The firm has a market capitalization of $35.30 million, a PE ratio of -4.62 and a beta of 0.72. Aware has a one year low of $1.35 and a one year high of $2.97.

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

Hedge Funds Weigh In On Aware

Several institutional investors and hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC boosted its position in 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 purchasing an additional 25,800 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Aware by 28.9% during the 3rd quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock worth $316,000 after purchasing an additional 37,828 shares in the last quarter. Finally, Corsair Capital Management L.P. acquired a new stake in shares of Aware during the 3rd quarter valued at about $146,000. 24.39% of the stock is currently owned by hedge funds and other institutional investors.

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.