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

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

Aware Stock Up 1.3 %

NASDAQ AWRE opened at $1.51 on Wednesday. The stock has a market capitalization of $32.02 million, a PE ratio of -4.19 and a beta of 0.71. Aware has a 52 week low of $1.35 and a 52 week high of $2.97. The firm has a 50 day moving average of $1.63 and a two-hundred day moving average of $1.77.

Aware (NASDAQ:AWRE) last issued its quarterly earnings data on Wednesday, March 5th. The software maker reported ($0.06) earnings per share for the quarter. Aware had a negative return on equity of 14.46% and a negative net margin of 44.06%.

Institutional Trading of Aware

An institutional investor recently raised its position in Aware stock. Geode Capital Management LLC boosted its holdings in Aware, Inc. (NASDAQ:AWRE) by 28.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 168,740 shares of the software maker’s stock after purchasing an additional 37,828 shares during the quarter. Geode Capital Management LLC owned about 0.80% of Aware worth $316,000 at the end of the most recent quarter. Hedge funds and other 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.