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

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

Aware Trading Down 3.9 %

Shares of NASDAQ AWRE opened at $1.46 on Friday. Aware has a 12-month low of $1.35 and a 12-month high of $2.97. The company has a market cap of $30.96 million, a price-to-earnings ratio of -4.06 and a beta of 0.77. The stock’s 50 day simple moving average is $1.70 and its 200 day simple moving average is $1.92.

Institutional Trading of Aware

Hedge funds have recently bought and sold shares of the company. Corsair Capital Management L.P. bought a new position in Aware in the 3rd quarter worth about $146,000. Geode Capital Management LLC boosted its position in shares of Aware by 28.9% during the third quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock worth $316,000 after buying an additional 37,828 shares during the period. Finally, Renaissance Technologies LLC boosted its position in shares of Aware by 3.7% during the second 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 period. 24.39% of the stock is currently owned by institutional investors.

About Aware

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.