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

Aware, Inc. (NASDAQ:AWRE) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.90 and traded as low as $1.65. Aware shares last traded at $1.65, with a volume of 62,644 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Aware in a report on Wednesday. They set a “buy” rating on the stock.

Aware Stock Down 4.8 %

The firm has a market capitalization of $33.29 million, a price-to-earnings ratio of -4.36 and a beta of 0.72. The company’s 50 day moving average price is $1.57 and its 200 day moving average price is $1.89.

Institutional Investors Weigh In On Aware

A number of large investors have recently bought and sold shares of the company. Renaissance Technologies LLC grew its holdings in Aware by 3.7% during the second quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock worth $1,414,000 after acquiring an additional 25,800 shares during the period. Geode Capital Management LLC grew its stake in shares of Aware by 28.9% during the 3rd quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock worth $316,000 after purchasing an additional 37,828 shares during the period. Finally, Corsair Capital Management L.P. purchased a new position in shares of Aware during the 3rd quarter valued at approximately $146,000. Hedge funds and other 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.