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

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

Aware Trading Down 3.9 %

Aware stock opened at $1.46 on Friday. Aware has a 52 week low of $1.35 and a 52 week high of $2.97. The stock has a market cap of $30.96 million, a P/E ratio of -4.06 and a beta of 0.77. The stock has a 50 day moving average of $1.70 and a 200-day moving average of $1.92.

Hedge Funds Weigh In On Aware

Large investors have recently modified their holdings of the stock. Geode Capital Management LLC raised its position in shares of Aware by 28.9% during the 3rd quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock valued at $316,000 after acquiring an additional 37,828 shares in the last quarter. Corsair Capital Management L.P. bought a new stake in Aware during the third quarter valued at $146,000. Finally, Renaissance Technologies LLC raised 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 worth $1,414,000 after purchasing an additional 25,800 shares during the period. Institutional investors 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.