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

Aware, Inc. (NASDAQ:AWRE) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.24 and traded as low as $1.76. Aware shares last traded at $1.76, with a volume of 9,561 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Aware has a consensus rating of “Sell”.

Aware Stock Performance

The stock’s fifty day simple moving average is $1.97 and its two-hundred day simple moving average is $2.24. The company has a market cap of $37.61 million, a price-to-earnings ratio of -6.52 and a beta of 0.84.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of AWRE. CIBC Private Wealth Group LLC lifted its position in Aware by 14.3% during the third 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. CIBC Bancorp USA Inc. acquired a new position in shares of Aware during the 3rd quarter valued at $193,000. Pekin Hardy Strauss Inc. purchased a new stake in Aware during the 3rd quarter worth $42,000. Vanguard Group Inc. increased its holdings in Aware by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after purchasing an additional 13,070 shares in the last quarter. Finally, Aristides Capital LLC raised its position in Aware by 55.5% in the second quarter. Aristides Capital LLC now owns 206,009 shares of the software maker’s stock valued at $389,000 after purchasing an additional 73,500 shares during the period. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Aware Company Profile

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.