Aware (NASDAQ:AWRE) Stock Rating Upgraded by ValuEngine

Aware (NASDAQ:AWRE) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Thursday, ValuEngine reports.

NASDAQ:AWRE traded down $0.07 during midday trading on Thursday, hitting $2.71. 12,328 shares of the company traded hands, compared to its average volume of 21,849. The firm has a fifty day moving average price of $3.21. Aware has a 12-month low of $2.67 and a 12-month high of $4.14. The stock has a market cap of $58.40 million, a price-to-earnings ratio of 31.44 and a beta of -0.21.

Aware (NASDAQ:AWRE) last released its quarterly earnings results on Tuesday, April 30th. The software maker reported $0.01 earnings per share for the quarter. Aware had a return on equity of 3.19% and a net margin of 11.54%. The company had revenue of $3.73 million for the quarter.

Large investors have recently added to or reduced their stakes in the stock. Punch & Associates Investment Management Inc. increased its stake in Aware by 1.5% in the first quarter. Punch & Associates Investment Management Inc. now owns 889,925 shares of the software maker’s stock worth $3,222,000 after purchasing an additional 13,000 shares during the period. Ashfield Capital Partners LLC increased its stake in Aware by 2.7% in the first quarter. Ashfield Capital Partners LLC now owns 190,108 shares of the software maker’s stock worth $688,000 after purchasing an additional 5,000 shares during the period. Finally, GMT Capital Corp purchased a new stake in Aware in the first quarter worth $89,000. Institutional investors own 23.85% of the company’s stock.

About Aware

Aware, Inc provides software and services for the biometrics industry in the United States, the United Kingdom, Brazil, and internationally. It offers biometrics software products, including biometric search and matching software development kits (SDKs), biometric enrollment SDKs and application program interfaces (APIs), identity text analytics SDK – Inquire, biometric services platform – BioSP, and cluster-based matching platform – Astra; and integrated solutions comprising Knomi, AwareABIS, WebEnroll, and Indigo, as well as biometric applications that enable various functions in biometrics systems, such as enrollment, analysis, and processing of biometric images and data on workstations or mobile devices; integration of peripheral biometric capture devices; centralized workflow, transaction processing, and subsystem integration; matching of biometric samples against biometric databases to authenticate or verify identities; and analysis and processing of text-based identity data.

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