Duos Technologies Group (NASDAQ:DUOT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Duos Technologies Group (NASDAQ:DUOT) from a sell rating to a hold rating in a research note issued to investors on Saturday.

Several other research firms have also commented on DUOT. Weiss Ratings reiterated a “sell (d-)” rating on shares of Duos Technologies Group in a report on Wednesday, October 8th. Ascendiant Capital Markets lifted their price target on Duos Technologies Group from $11.00 to $11.50 and gave the stock a “buy” rating in a report on Wednesday, September 24th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $12.75.

Duos Technologies Group Trading Up 8.5%

Shares of DUOT opened at $8.38 on Friday. Duos Technologies Group has a 52-week low of $3.71 and a 52-week high of $9.60. The company has a quick ratio of 0.33, a current ratio of 0.37 and a debt-to-equity ratio of 0.33. The firm’s fifty day moving average is $7.23 and its two-hundred day moving average is $7.14. The stock has a market cap of $169.70 million, a PE ratio of -7.83 and a beta of 1.08.

Duos Technologies Group (NASDAQ:DUOT) last posted its quarterly earnings results on Thursday, August 14th. The company reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.08). Duos Technologies Group had a negative return on equity of 297.45% and a negative net margin of 67.62%.The company had revenue of $5.74 million for the quarter, compared to analysts’ expectations of $4.94 million. Duos Technologies Group has set its FY 2025 guidance at EPS. Research analysts forecast that Duos Technologies Group will post -1.34 earnings per share for the current fiscal year.

Institutional Trading of Duos Technologies Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. XTX Topco Ltd purchased a new stake in Duos Technologies Group in the 1st quarter valued at about $82,000. Huntleigh Advisors Inc. purchased a new stake in Duos Technologies Group in the 1st quarter valued at about $739,000. AMH Equity Ltd purchased a new stake in Duos Technologies Group in the 1st quarter valued at about $282,000. Informed Momentum Co LLC purchased a new stake in Duos Technologies Group in the 1st quarter valued at about $528,000. Finally, Geode Capital Management LLC raised its holdings in Duos Technologies Group by 38.9% in the 2nd quarter. Geode Capital Management LLC now owns 95,682 shares of the company’s stock valued at $684,000 after buying an additional 26,821 shares during the period. 42.61% of the stock is currently owned by hedge funds and other institutional investors.

Duos Technologies Group Company Profile

Duos Technologies Group, Inc designs, develops, deploys, and operates intelligent technology solutions in North America. The company provides solutions, such as Centraco, an enterprise information management software platform that consolidates data and events from multiple sources into a unified and distributive user interface; and truevue360, an integrated platform to develop and deploy artificial intelligence algorithms, including machine learning, computer vision, object detection, and deep neural network-based processing for real-time applications.