Aware (NASDAQ:AWRE) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Posted by Steve Reilly on Nov 13th, 2024

Aware, Inc. (NASDAQ:AWRE – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.99 and traded as low as $1.44. Aware shares last traded at $1.49, with a volume of 48,029 shares.

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on Aware

Aware Trading Down 0.7 %

The stock has a 50-day simple moving average of $1.92 and a 200 day simple moving average of $1.99. The company has a market cap of $31.59 million, a price-to-earnings ratio of -4.14 and a beta of 0.82.

Institutional Investors Weigh In On Aware

An institutional investor recently raised its position in Aware stock. Renaissance Technologies LLC grew its holdings in Aware, Inc. (NASDAQ:AWRE – Free Report) by 3.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 717,773 shares of the software maker’s stock after acquiring an additional 25,800 shares during the period. Renaissance Technologies LLC owned about 3.40% of Aware worth $1,414,000 at the end of the most recent quarter. 24.39% of the stock is owned by hedge funds and other institutional investors.

Aware Company Profile

(Get Free Report)

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.