Price Action Alert: Could Aware, Inc. See a Reversal After Breaking Its 52-Week High?

Price Action Alert: Could Aware, Inc. See a Reversal After Breaking Its 52 Week High?

The stock of Aware, Inc. (NASDAQ:AWRE) hit a new 52-week high and has $6.38 target or 9.00% above today’s $5.85 share price. The 5 months bullish chart indicates low risk for the $133.53M company. The 1-year high was reported on Nov, 28 by Barchart.com. If the $6.38 price target is reached, the company will be worth $12.02M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock last traded at $5.85 per share. It is down 43.73% since April 25, 2016 and is uptrending. It has outperformed by 37.72% the S&P500.

Analysts await Aware, Inc. (NASDAQ:AWRE) to report earnings on February, 14.

According to Zacks Investment Research, “Aware, Inc. is a provider of biometrics software products and development services. The company’s product includes SDKs, software components, workstation applications and a modular, centralized, service-oriented platform. It serves government departments, system integrators and solution suppliers. Aware, Inc. is based in Bedford, Massachusetts.”

Insitutional Activity: The institutional sentiment increased to 2.4 in 2016 Q2. Its up 0.23, from 2.17 in 2016Q1. The ratio increased, as 3 funds sold all Aware, Inc. shares owned while 3 reduced positions. 4 funds bought stakes while 9 increased positions. They now own 6.85 million shares or 1.36% more from 6.76 million shares in 2016Q1.
Goldman Sachs Group Inc Inc reported 17,594 shares or 0% of all its holdings. Blackrock Invest Mngmt holds 0% or 2,621 shares in its portfolio. Royal Savings Bank Of Canada accumulated 250 shares or 0% of the stock. The Maryland-based Price T Rowe Associates Md has invested 0% in Aware, Inc. (NASDAQ:AWRE). Zpr Management reported 20,508 shares or 0.17% of all its holdings. Tower Rech Capital (Trc) holds 2,103 shares or 0% of its portfolio. Walleye Trading Lc accumulated 0% or 100 shares. Eagle Glob Advsrs Ltd Limited Liability Company has 0% invested in the company for 13,070 shares. California Pub Employees Retirement System accumulated 29,700 shares or 0% of the stock. Ladenburg Thalmann Svcs holds 0% of its portfolio in Aware, Inc. (NASDAQ:AWRE) for 2,000 shares. Vanguard last reported 0% of its portfolio in the stock. Glenview Bank Trust Dept owns 22,000 shares or 0.05% of their US portfolio. Acadian Asset Ltd Liability last reported 0% of its portfolio in the stock. Sphinx Trading Ltd Partnership accumulated 11,031 shares or 0.1% of the stock. The Illinois-based Css Limited Il has invested 0.01% in Aware, Inc. (NASDAQ:AWRE).

Insider Transactions: Since November 1, 2016, the stock had 1 insider buy, and 1 sale for $ net activity. $1.50 million worth of shares were bought by STAFFORD JOHN S JR on Tuesday, November 1. STAFFORD JOHN S III had sold 286,671 shares worth $1.50 million on Tuesday, November 1.

More news for Aware, Inc. (NASDAQ:AWRE) were recently published by: Prnewswire.com, which released: “Aware, Inc. Reports Third Quarter 2016 Financial Results” on October 25, 2016. Prnewswire.com‘s article titled: “Aware, Inc. Reports Second Quarter 2016 Financial Results” and published on July 26, 2016 is yet another important article.

AWRE Company Profile

Aware, Inc., incorporated on March 28, 1986, is a well-known 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 Company’s products provide biometric functionality and are used to capture, verify, format, compress and decompress biometric images, as well as aggregate, analyze, process, match and transport those images within biometric systems. The Firm sells its biometrics software services and products through systems integrators and original equipment manufacturers (OEMs), and directly to end user customers.

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