Aware (NASDAQ:AWRE) Now Covered by StockNews.com

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

Aware Stock Performance

Shares of NASDAQ AWRE traded down $0.03 during trading hours on Tuesday, hitting $1.75. 169,799 shares of the stock were exchanged, compared to its average volume of 51,912. The company’s fifty day simple moving average is $2.16 and its two-hundred day simple moving average is $1.96. The company has a market cap of $36.90 million, a PE ratio of -5.30 and a beta of 0.81. Aware has a 1-year low of $1.05 and a 1-year high of $2.97.

Aware (NASDAQ:AWRE) last posted its quarterly earnings results on Thursday, August 8th. The software maker reported ($0.05) earnings per share for the quarter. The company had revenue of $4.32 million during the quarter. Aware had a negative net margin of 26.49% and a negative return on equity of 9.01%.

Institutional Investors Weigh In On Aware

A hedge fund recently raised its stake in Aware stock. Renaissance Technologies LLC grew its holdings in shares of Aware, Inc. (NASDAQ:AWRE) by 3.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 717,773 shares of the software maker’s stock after acquiring an additional 25,800 shares during the period. Renaissance Technologies LLC owned about 3.40% of Aware worth $1,414,000 as of its most recent SEC filing. 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.