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

Analysts at StockNews.com began coverage on shares of Aware (NASDAQ:AWRE) in a research report issued to clients and investors on Sunday. The brokerage set a “buy” rating on the software maker’s stock.

Aware Price Performance

Shares of NASDAQ AWRE opened at $1.69 on Friday. Aware has a fifty-two week low of $1.35 and a fifty-two week high of $2.97. The business has a 50 day moving average price of $1.61 and a two-hundred day moving average price of $1.84. The firm has a market cap of $35.83 million, a PE ratio of -4.69 and a beta of 0.71.

Institutional Trading of Aware

An institutional investor recently bought a new position in Aware stock. Corsair Capital Management L.P. acquired a new stake in shares of Aware, Inc. (NASDAQ:AWRE) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor 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 currently owned by institutional investors.

About Aware

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.