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

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

Aware Trading Down 1.8 %

AWRE opened at $1.60 on Friday. The company has a market cap of $33.93 million, a price-to-earnings ratio of -4.44 and a beta of 0.82. The stock has a fifty day simple moving average of $1.78 and a two-hundred day simple moving average of $1.94. Aware has a 12-month low of $1.35 and a 12-month high of $2.97.

Hedge Funds Weigh In On Aware

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Corsair Capital Management L.P. bought a new stake in shares of Aware in the third quarter worth approximately $146,000. Geode Capital Management LLC boosted 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 worth $316,000 after purchasing an additional 37,828 shares during the last quarter. Finally, Renaissance Technologies LLC increased 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 valued at $1,414,000 after purchasing an additional 25,800 shares during 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.