Aware (NASDAQ:AWRE) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Aware, Inc. (NASDAQ:AWRE) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.98 and traded as low as $1.98. Aware shares last traded at $2.07, with a volume of 16,193 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Aware in a research report on Tuesday, September 24th. They issued a “buy” rating for the company.

Aware Stock Down 2.0 %

The company has a market capitalization of $42.38 million, a price-to-earnings ratio of -6.09 and a beta of 0.80. The company has a 50 day simple moving average of $2.09 and a 200 day simple moving average of $1.98.

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

Institutional Investors Weigh In On Aware

A hedge fund recently raised its stake in Aware stock. Renaissance Technologies LLC lifted its stake in Aware, Inc. (NASDAQ:AWRE) by 3.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 717,773 shares of the software maker’s stock after buying an additional 25,800 shares during the period. Renaissance Technologies LLC owned approximately 3.40% of Aware worth $1,414,000 as of its most recent SEC filing. Institutional investors own 24.39% of the company’s stock.

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.