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

StockNews.com initiated coverage on shares of Aware (NASDAQ:AWRE) in a research report released on Tuesday. The brokerage issued a buy rating on the software maker’s stock.

Aware Trading Down 6.6 %

AWRE opened at $1.55 on Tuesday. The firm’s fifty day simple moving average is $1.95 and its 200 day simple moving average is $1.99. The stock has a market capitalization of $32.86 million, a P/E ratio of -4.31 and a beta of 0.82. Aware has a 12 month low of $1.44 and a 12 month high of $2.97.

Aware (NASDAQ:AWRE) last posted its quarterly earnings data on Thursday, August 8th. The software maker reported ($0.05) earnings per share for the quarter. Aware had a negative return on equity of 14.46% and a negative net margin of 44.06%. The firm had revenue of $4.32 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Aware stock. Renaissance Technologies LLC grew its holdings in shares of Aware, Inc. (NASDAQ:AWRE) by 3.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 717,773 shares of the software maker’s stock after buying 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 reporting period. Institutional investors and hedge funds 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.