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

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

Aware Stock Performance

NASDAQ AWRE opened at $1.65 on Friday. Aware has a one year low of $1.35 and a one year high of $2.97. The firm’s fifty day moving average is $1.59 and its two-hundred day moving average is $1.87. The firm has a market cap of $34.98 million, a PE ratio of -4.58 and a beta of 0.72.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Corsair Capital Management L.P. purchased a new position in shares of Aware during the 3rd quarter worth approximately $146,000. Geode Capital Management LLC lifted its holdings in Aware by 28.9% in the third quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock valued at $316,000 after acquiring an additional 37,828 shares during the period. Finally, Renaissance Technologies LLC boosted its position in shares of Aware by 3.7% during 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 in the last quarter. 24.39% of the stock is 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.