Aware (NASDAQ:AWRE) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Shares of Aware, Inc. (NASDAQ:AWRE) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.50 and traded as low as $1.11. Aware shares last traded at $1.11, with a volume of 35,573 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Aware in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Aware currently has a consensus rating of “Sell”.

Aware Trading Down 3.5%

The business’s fifty day moving average price is $1.36 and its 200 day moving average price is $1.50. The firm has a market capitalization of $24.03 million, a price-to-earnings ratio of -3.08 and a beta of 1.01.

Aware (NASDAQ:AWRE) last issued its quarterly earnings results on Wednesday, April 29th. The software maker reported ($0.16) earnings per share for the quarter. Aware had a negative return on equity of 29.66% and a negative net margin of 45.31%.The business had revenue of $3.39 million for the quarter.

Insider Activity at Aware

In other Aware news, Director John S. Stafford III bought 57,937 shares of Aware stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of $1.25 per share, with a total value of $72,421.25. Following the completion of the acquisition, the director owned 5,221,954 shares of the company’s stock, valued at approximately $6,527,442.50. This represents a 1.12% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought 170,076 shares of company stock valued at $212,569 over the last three months. 34.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Aware

Several institutional investors have recently added to or reduced their stakes in the stock. CIBC Bancorp USA Inc. purchased a new position in Aware in the 3rd quarter valued at $193,000. XTX Topco Ltd acquired a new position in Aware in the 4th quarter valued at $30,000. Goldman Sachs Group Inc. raised its position in Aware by 71.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after buying an additional 14,436 shares during the last quarter. Vanguard Group Inc. raised its position in Aware by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock worth $2,026,000 after buying an additional 13,070 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Aware by 1.6% in the 1st quarter. Renaissance Technologies LLC now owns 655,712 shares of the software maker’s stock worth $820,000 after acquiring an additional 10,139 shares during the period. Institutional investors and hedge funds 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.