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

Analysts at StockNews.com initiated coverage on shares of Aware (NASDAQ:AWRE) in a note issued to investors on Tuesday. The firm set a “buy” rating on the software maker’s stock.

Aware Price Performance

Shares of Aware stock opened at $1.61 on Tuesday. The stock’s 50 day simple moving average is $1.62 and its 200-day simple moving average is $1.90. The stock has a market cap of $34.14 million, a P/E ratio of -4.47 and a beta of 0.77. Aware has a 1-year low of $1.35 and a 1-year high of $2.97.

Hedge Funds Weigh In On Aware

Several institutional investors and hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in Aware by 28.9% in 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 during the period. Corsair Capital Management L.P. acquired a new position in Aware during the 3rd quarter worth about $146,000. Finally, Renaissance Technologies LLC grew its position in Aware by 3.7% in the 2nd quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock valued at $1,414,000 after acquiring an additional 25,800 shares in the last quarter. 24.39% of the stock is currently owned by institutional investors and hedge funds.

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.