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

Key Points

• Weiss Ratings has reiterated a "Sell (D-)" rating for Aware (NASDAQ:AWRE), indicating ongoing concerns about the company's stock performance.
• Aware's latest quarterly earnings reported a loss of ($0.08) EPS with a negative net margin of 35.46% and revenue of $3.90 million.
• Institutional investors hold 24.39% of Aware shares, with significant increases in holdings reported by firms like Goldman Sachs and Aristides Capital.

Aware (NASDAQ:AWRE - Get Free Report)'s stock had its "sell (d-)" rating reiterated by investment analysts at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

Aware Price Performance

NASDAQ:AWRE traded up $0.04 during trading hours on Friday, reaching $2.49. The company's stock had a trading volume of 27,049 shares, compared to its average volume of 40,511. Aware has a one year low of $1.35 and a one year high of $2.95. The business's 50-day moving average is $2.47 and its 200-day moving average is $2.06. The company has a market cap of $53.07 million, a price-to-earnings ratio of -8.89 and a beta of 0.89.

Aware (NASDAQ:AWRE - Get Free Report) last released its quarterly 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%. The firm had revenue of $3.90 million for the quarter.

Institutional Investors Weigh In On Aware

A number of hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its holdings in 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 bought a new stake in Aware during the first quarter valued at about $39,000. Finally, Aristides Capital LLC boosted its holdings in Aware by 55.5% during the second quarter. Aristides Capital LLC now owns 206,009 shares of the software maker's stock valued at $389,000 after acquiring an additional 73,500 shares during the period. 24.39% of the stock is currently owned by institutional investors.

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.

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