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

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

Aware Stock Performance

NASDAQ AWRE opened at $1.50 on Tuesday. The business’s fifty day moving average is $2.02 and its 200 day moving average is $1.99. Aware has a fifty-two week low of $1.44 and a fifty-two week high of $2.97. The company has a market capitalization of $31.77 million, a PE ratio of -4.17 and a beta of 0.83.

Aware (NASDAQ:AWRE) last posted its quarterly earnings data on Thursday, August 8th. The software maker reported ($0.05) earnings per share for the quarter. The company had revenue of $4.32 million for the quarter. Aware had a negative net margin of 44.06% and a negative return on equity of 14.30%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Aware stock. Renaissance Technologies LLC grew its stake in shares of Aware, Inc. (NASDAQ:AWRE) by 3.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 717,773 shares of the software maker’s stock after buying an additional 25,800 shares during the period. Renaissance Technologies LLC owned 3.40% of Aware worth $1,414,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds 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.