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

Equities research analysts at StockNews.com started coverage on shares of Aware (NASDAQ:AWRE) in a report released on Saturday. The firm set a “buy” rating on the software maker’s stock.

Aware Stock Down 2.5 %

Aware stock opened at $1.55 on Friday. The company has a fifty day simple moving average of $1.76 and a 200-day simple moving average of $1.94. The firm has a market capitalization of $32.87 million, a price-to-earnings ratio of -4.31 and a beta of 0.77. Aware has a 52-week low of $1.35 and a 52-week high of $2.97.

Hedge Funds Weigh In On Aware

A number of institutional investors have recently added to or reduced their stakes in AWRE. Corsair Capital Management L.P. purchased a new stake in Aware in the 3rd quarter valued at $146,000. Geode Capital Management LLC boosted 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 valued at $316,000 after acquiring an additional 37,828 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of Aware by 3.7% in the second 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 period. Hedge funds and other 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.