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

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

Aware Stock Up 2.1 %

AWRE opened at $1.67 on Friday. The company’s 50-day moving average price is $1.61 and its 200 day moving average price is $1.86. Aware has a fifty-two week low of $1.35 and a fifty-two week high of $2.97. The firm has a market cap of $35.30 million, a price-to-earnings ratio of -4.62 and a beta of 0.72.

Aware (NASDAQ:AWRE) last released its quarterly earnings data on Wednesday, October 30th. The software maker reported ($0.06) earnings per share (EPS) for the quarter. Aware had a negative net margin of 44.06% and a negative return on equity of 14.46%. The company had revenue of $3.85 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of AWRE. Corsair Capital Management L.P. acquired a new position in shares of Aware during the 3rd quarter valued at $146,000. Geode Capital Management LLC raised its position 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 acquiring an additional 37,828 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings 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 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.