NEW YORK ( TheStreet) -- Shares of Aware (Nasdaq: AWRE) have taken a tremendous swing upward. The stock is trading at $2.99 as of 11:28 a.m. ET, 22% above Monday's closing price of $2.45. Volume is at 28,900, one times the daily average of 27,700.

Aware has a market cap of $53.9 million and is part of the technology sector and telecommunications industry. Shares are down 13.7% year to date as of the close of trading on Monday.

Aware, Inc. provides products for the biometrics and Digital Subscriber Line (DSL) test industries in the United States, Germany, and internationally. The company has a P/E ratio of 65.5, below the average telecommunications industry P/E ratio of 87.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Aware as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full Aware Ratings Report.

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