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

StockNews.com initiated coverage on shares of Aware (NASDAQ:AWRE) in a research report released on Wednesday morning. The firm issued a buy rating on the software maker’s stock.

Aware Stock Down 4.8 %

Shares of Aware stock opened at $1.57 on Wednesday. Aware has a twelve month low of $1.35 and a twelve month high of $2.97. The business has a 50-day moving average price of $1.57 and a 200 day moving average price of $1.89. The firm has a market cap of $33.29 million, a PE ratio of -4.36 and a beta of 0.72.

Hedge Funds Weigh In On Aware

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AWRE. Corsair Capital Management L.P. acquired a new position in shares of Aware during the third quarter valued at approximately $146,000. Geode Capital Management LLC lifted its stake in Aware by 28.9% in the 3rd quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock worth $316,000 after purchasing an additional 37,828 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings 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 purchasing an additional 25,800 shares during the last quarter. 24.39% of the stock is owned by hedge funds and other 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.