AWRE Stock Summary and Trading Ideas (Aware | NASDAQ:AWRE)

Aware Inc is a provider of software and services to the biometrics industry. The company's software products are used in government and commercial biometrics systems to identify or authenticate people. The government applications of biometrics systems include border control, visa applicant screening, law enforcement, national defense, intelligence, secure credentialing, access control, and background checks. Its commercial applications include user authentication for login to mobile devices, computers, networks, and software programs, user authentication for financial transactions and purchases. Its geographical segments include the United States, the United Kingdom, and the Rest of the world, out of which it derives maximum revenue from United States.

Aware trades on the NASDAQ stock market under the symbol AWRE.

As of April 23, 2024, AWRE stock price declined to $1.69 with 5,559 million shares trading.

AWRE has a beta of 2.82, meaning it tends to be more sensitive to market movements. AWRE has a correlation of 0.31 to the broad based SPY ETF.

AWRE has a market cap of $35.63 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, AWRE stock traded as high as $4.27 and as low as $1.05.

The top ETF exchange traded funds that AWRE belongs to (by Net Assets): VTI, VXF, DFAT, DFAS, IWC.

AWRE has underperformed the market in the last year with a price return of +0.6% while the SPY ETF gained +24.4%. However, in the short term, AWRE had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.3% vs +5.0% return in SPY. But in the last 2 weeks, AWRE shares have been beat by the market, returning -7.1% compared to an SPY return of -2.5%.

AWRE support price is $1.65 and resistance is $1.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AWRE stock will trade within this expected range on the day.