Aware (NASDAQ:AWRE) Coverage Initiated at StockNews.com

Research analysts at StockNews.com began coverage on shares of Aware (NASDAQ:AWRE) in a report issued on Thursday. The brokerage set a “buy” rating on the software maker’s stock.

Aware Price Performance

Shares of Aware stock opened at $1.50 on Thursday. Aware has a 1-year low of $1.35 and a 1-year high of $2.97. The company has a market capitalization of $31.81 million, a PE ratio of -4.19 and a beta of 0.82. The business has a 50-day moving average of $1.82 and a 200-day moving average of $1.96.

Hedge Funds Weigh In On Aware

Several large investors have recently added to or reduced their stakes in the company. Corsair Capital Management L.P. acquired a new stake in Aware during the third quarter worth about $146,000. Geode Capital Management LLC raised its position 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 during the period. Finally, Renaissance Technologies LLC lifted its holdings in shares of Aware by 3.7% in the 2nd quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock worth $1,414,000 after purchasing an additional 25,800 shares during the last quarter. 24.39% of the stock is currently owned by 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.