Aware (NASDAQ:AWRE) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Aware (NASDAQ:AWRE) in a report released on Tuesday. The brokerage issued a buy rating on the software maker’s stock.

Aware Stock Down 2.4 %

NASDAQ:AWRE opened at $1.60 on Tuesday. The company has a market cap of $33.93 million, a price-to-earnings ratio of -4.44 and a beta of 0.71. The company has a fifty day simple moving average of $1.63 and a two-hundred day simple moving average of $1.80. Aware has a 52 week low of $1.35 and a 52 week high of $2.97.

Hedge Funds Weigh In On Aware

A hedge fund recently bought a new stake in Aware stock. Corsair Capital Management L.P. purchased a new position in Aware, Inc. (NASDAQ:AWRE) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 78,028 shares of the software maker’s stock, valued at approximately $146,000. Corsair Capital Management L.P. owned about 0.37% of Aware as of its most recent SEC filing. Hedge funds and other institutional investors own 24.39% of the company’s stock.

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.