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

Aware, Inc. (NASDAQ:AWRE)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.96 and traded as low as $1.15. Aware shares last traded at $1.17, with a volume of 11,385 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Aware in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Aware presently has an average rating of “Sell”.

Aware Trading Down 4.1%

The stock has a market cap of $25.27 million, a P/E ratio of -4.18 and a beta of 0.99. The stock’s fifty day moving average price is $1.51 and its 200 day moving average price is $1.96.

Aware (NASDAQ:AWRE) last announced its earnings results on Wednesday, March 4th. The software maker reported ($0.07) EPS for the quarter. Aware had a negative net margin of 33.97% and a negative return on equity of 21.19%. The business had revenue of $4.66 million for the quarter.

Institutional Trading of Aware

A number of hedge funds have recently modified their holdings of AWRE. Goldman Sachs Group Inc. boosted its holdings in shares of Aware by 71.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock valued at $55,000 after buying an additional 14,436 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Aware by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after buying an additional 13,070 shares in the last quarter. Pekin Hardy Strauss Inc. bought a new stake in shares of Aware during the 3rd quarter valued at $42,000. CIBC Bancorp USA Inc. bought a new stake in shares of Aware during the 3rd quarter valued at $193,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in shares of Aware by 14.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock valued at $193,000 after buying an additional 10,000 shares in the last quarter. Institutional investors own 24.39% of the company’s stock.

About Aware

Aware, Inc is a technology company specializing in biometric software and image processing solutions. Its core offerings include fingerprint, face and iris recognition algorithms, biometric template management, and mobile enrolment tools designed to capture and verify identities in secure environments. The company’s software development kits (SDKs) and web services APIs enable system integrators, device manufacturers and application developers to embed biometric and forensic capabilities into their products and services.

Founded in 1986 and headquartered in Bedford, Massachusetts, Aware evolved from an imaging technology provider into a leading vendor of biometric software.