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

Stock analysts at StockNews.com began coverage on shares of Aware (NASDAQ:AWRE) in a report issued on Monday. The firm set a “buy” rating on the software maker’s stock.

Aware Price Performance

AWRE opened at $1.62 on Monday. The business has a 50 day moving average price of $1.62 and a two-hundred day moving average price of $1.83. The company has a market capitalization of $34.34 million, a price-to-earnings ratio of -4.50 and a beta of 0.71. Aware has a 1-year low of $1.35 and a 1-year high of $2.97.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Aware stock. Corsair Capital Management L.P. acquired a new position in Aware, Inc. (NASDAQ:AWRE) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 78,028 shares of the software maker’s stock, valued at approximately $146,000. Corsair Capital Management L.P. owned about 0.37% of Aware at the end of the most recent reporting period. 24.39% of the stock is owned by institutional investors and hedge funds.

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.