Aware (NASDAQ:AWRE) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Aware, Inc. (NASDAQ:AWRE) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.33 and traded as low as $1.22. Aware shares last traded at $1.27, with a volume of 54,646 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Aware in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Aware Price Performance

The stock has a market capitalization of $27.70 million, a price-to-earnings ratio of -3.17 and a beta of 1.01. The stock has a 50-day moving average of $1.24 and a 200 day moving average of $1.33.

Aware (NASDAQ:AWRE) last issued its earnings results on Wednesday, July 29th. The software maker reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.02). The business had revenue of $3.25 million during the quarter, compared to the consensus estimate of $3.70 million. Aware had a negative net margin of 51.92% and a negative return on equity of 35.21%.

Institutional Trading of Aware

A number of institutional investors have recently bought and sold shares of AWRE. XTX Topco Ltd bought a new stake in shares of Aware during the 4th quarter valued at $30,000. Goldman Sachs Group Inc. boosted its position in shares of Aware by 71.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after purchasing an additional 14,436 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Aware during the third quarter worth $193,000. CIBC Private Wealth Group LLC grew its stake in shares of Aware by 14.3% during the third quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock worth $193,000 after purchasing an additional 10,000 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in Aware by 1.6% in the first quarter. Renaissance Technologies LLC now owns 655,712 shares of the software maker’s stock valued at $820,000 after purchasing an additional 10,139 shares during the last quarter. 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.