Weiss Ratings Reaffirms Sell (D-) Rating for Aware (NASDAQ:AWRE)

Key Points

• Weiss Ratings has reaffirmed a "sell (D-)" rating for Aware (NASDAQ: AWRE), indicating a negative outlook for the company.
• Aware's stock price is currently at $2.47, with a market capitalization of $52.53 million and a negative PE ratio of -8.80.
• Institutional investors are showing interest, with Goldman Sachs increasing its stake by 71.6% during the first quarter, now holding 34,595 shares.

Aware (NASDAQ:AWRE - Get Free Report)'s stock had its "sell (d-)" rating restated by equities research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Aware Stock Performance

Shares of AWRE traded up $0.03 during midday trading on Wednesday, hitting $2.47. 11,507 shares of the stock traded hands, compared to its average volume of 41,580. The business's 50 day moving average price is $2.44 and its two-hundred day moving average price is $2.00. The firm has a market capitalization of $52.53 million, a PE ratio of -8.80 and a beta of 0.89. Aware has a 1-year low of $1.35 and a 1-year high of $2.95.

Aware (NASDAQ:AWRE - Get Free Report) last posted its earnings results on Wednesday, July 30th. The software maker reported ($0.08) earnings per share (EPS) for the quarter. Aware had a negative net margin of 35.46% and a negative return on equity of 19.04%.

Institutional Investors Weigh In On Aware

Several institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. increased its stake in shares of Aware by 71.6% during the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker's stock valued at $55,000 after acquiring an additional 14,436 shares during the period. GMT Capital Corp acquired a new stake in shares of Aware in the first quarter valued at $39,000. Finally, Aristides Capital LLC lifted its holdings in shares of 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 buying an additional 73,500 shares during the period. Institutional investors and hedge funds own 24.39% of the company's stock.

Aware Company Profile

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.

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