StockNews.com Initiates Coverage on Aware (NASDAQ:AWRE)

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

Aware Trading Down 4.8 %

Aware stock opened at $1.57 on Wednesday. The firm has a 50-day moving average price of $1.57 and a 200-day moving average price of $1.89. The firm has a market capitalization of $33.29 million, a PE ratio of -4.36 and a beta of 0.72. Aware has a 12-month low of $1.35 and a 12-month high of $2.97.

Institutional Investors Weigh In On Aware

Several institutional investors have recently made changes to their positions in AWRE. Corsair Capital Management L.P. bought a new stake in shares of Aware in the 3rd quarter worth about $146,000. Geode Capital Management LLC lifted its holdings in Aware by 28.9% during the 3rd 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 in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in Aware by 3.7% during the 2nd 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 in the last quarter. 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.