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

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

Aware Stock Up 0.3 %

Shares of NASDAQ AWRE opened at $1.53 on Monday. The stock has a market capitalization of $32.34 million, a price-to-earnings ratio of -4.24 and a beta of 0.77. Aware has a 52 week low of $1.35 and a 52 week high of $2.97. The firm has a 50-day moving average price of $1.67 and a 200 day moving average price of $1.91.

Institutional Investors Weigh In On Aware

A number of institutional investors and hedge funds have recently modified their holdings of the company. Corsair Capital Management L.P. acquired a new position in Aware during the third quarter worth $146,000. Geode Capital Management LLC increased its position in shares of Aware by 28.9% in the third 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 in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Aware by 3.7% during the 2nd quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock worth $1,414,000 after buying an additional 25,800 shares during the last quarter. 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.