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

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

Aware Price Performance

Shares of AWRE opened at $1.63 on Friday. The stock has a 50-day moving average of $1.79 and a 200-day moving average of $1.95. The company has a market cap of $34.56 million, a PE ratio of -4.53 and a beta of 0.82. Aware has a one year low of $1.35 and a one year high of $2.97.

Hedge Funds Weigh In On Aware

Several large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its position 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 acquiring an additional 37,828 shares in the last quarter. Corsair Capital Management L.P. bought a new position in Aware in the 3rd quarter valued at about $146,000. Finally, Renaissance Technologies LLC lifted 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. 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.