Aware (NASDAQ:AWRE) Shares Pass Above Two Hundred Day Moving Average of $3.81

Aware, Inc. (NASDAQ:AWRE)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $3.81 and traded as high as $4.06. Aware shares last traded at $3.98, with a volume of 26,002 shares.

Separately, Lake Street Capital assumed coverage on shares of Aware in a report on Monday, September 13th. They set a “buy” rating and a $6.00 target price on the stock.

The stock’s fifty day moving average is $4.02 and its two-hundred day moving average is $3.81. The firm has a market cap of $85.69 million, a P/E ratio of -13.27 and a beta of 0.21.

Aware (NASDAQ:AWRE) last posted its earnings results on Tuesday, July 27th. The software maker reported ($0.07) earnings per share for the quarter. The firm had revenue of $4.26 million for the quarter. Aware had a negative return on equity of 14.18% and a negative net margin of 43.91%.

Several large investors have recently modified their holdings of AWRE. BlackRock Inc. increased its holdings in shares of Aware by 2.8% in the 1st quarter. BlackRock Inc. now owns 487,210 shares of the software maker’s stock worth $1,778,000 after buying an additional 13,212 shares during the last quarter. Aristides Capital LLC purchased a new stake in shares of Aware in the 1st quarter valued at $443,000. Royal Bank of Canada boosted its stake in shares of Aware by 53,664.0% in the 1st quarter. Royal Bank of Canada now owns 26,882 shares of the software maker’s stock valued at $98,000 after purchasing an additional 26,832 shares in the last quarter. Punch & Associates Investment Management Inc. boosted its stake in shares of Aware by 6.6% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 989,330 shares of the software maker’s stock valued at $3,611,000 after purchasing an additional 61,500 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of Aware by 0.6% in the 2nd quarter. Renaissance Technologies LLC now owns 892,431 shares of the software maker’s stock valued at $3,302,000 after purchasing an additional 5,400 shares in the last quarter. 29.95% of the stock is currently owned by hedge funds and other institutional investors.

About Aware (NASDAQ:AWRE)

Aware, Inc is a biometrics software and services company. The firm’s products are used in government and commercial biometrics systems, which are capable of determining or verifying an individual’s identity. It also provides interoperable, standards-compliant, field-proven biometric functionality, and are used to capture, verify, format, compress and decompress biometric images, as well as aggregate, analyses, process and transport those images within biometric systems.

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