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

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

Aware Stock Up 21.1 %

Shares of Aware stock opened at $1.95 on Tuesday. Aware has a 12-month low of $1.35 and a 12-month high of $2.97. The firm has a market capitalization of $41.35 million, a PE ratio of -5.42 and a beta of 0.77. The stock’s fifty day moving average is $1.61 and its 200-day moving average is $1.90.

Institutional Investors Weigh In On Aware

Large investors have recently made changes to their positions in the company. Corsair Capital Management L.P. acquired a new position in Aware in the 3rd quarter worth approximately $146,000. Geode Capital Management LLC boosted 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 worth $316,000 after buying an additional 37,828 shares during the period. Finally, Renaissance Technologies LLC grew its holdings 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 valued at $1,414,000 after buying an additional 25,800 shares in 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.