Aware (NASDAQ:AWRE) Earns Buy Rating from Analysts at StockNews.com

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

Aware Price Performance

Shares of NASDAQ AWRE opened at $1.89 on Tuesday. The company has a 50-day simple moving average of $2.15 and a 200-day simple moving average of $1.96. Aware has a 12 month low of $1.05 and a 12 month high of $2.97. The company has a market cap of $39.85 million, a PE ratio of -5.73 and a beta of 0.81.

Aware (NASDAQ:AWRE) last released its earnings results on Thursday, August 8th. The software maker reported ($0.05) earnings per share (EPS) for the quarter. Aware had a negative return on equity of 9.01% and a negative net margin of 26.49%. The company had revenue of $4.32 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Aware stock. Thompson Davis & CO. Inc. raised its holdings in shares of Aware, Inc. (NASDAQ:AWRE) by 43.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,667 shares of the software maker’s stock after buying an additional 41,001 shares during the period. Thompson Davis & CO. Inc. owned about 0.64% of Aware worth $252,000 at the end of the most recent reporting period. 24.39% of the stock is owned by hedge funds and other institutional investors.

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.