Duos Technologies Group (NASDAQ:DUOT) Stock Price Expected to Rise, Northland Securities Analyst Says

Duos Technologies Group (NASDAQ:DUOT) had its price objective raised by Northland Securities from $5.50 to $10.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have an outperform rating on the stock.

Separately, Ascendiant Capital Markets upped their price target on shares of Duos Technologies Group from $5.75 to $6.00 and gave the stock a “buy” rating in a research report on Wednesday, September 11th.

Duos Technologies Group Trading Down 0.2 %

Shares of DUOT stock opened at $4.57 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.73 and a debt-to-equity ratio of 0.66. Duos Technologies Group has a fifty-two week low of $1.93 and a fifty-two week high of $6.44. The firm’s 50 day moving average price is $3.79 and its two-hundred day moving average price is $3.03. The stock has a market cap of $38.43 million, a price-to-earnings ratio of -3.20 and a beta of 1.10.

Institutional Trading of Duos Technologies Group

A hedge fund recently bought a new stake in Duos Technologies Group stock. Warberg Asset Management LLC purchased a new position in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,584 shares of the company’s stock, valued at approximately $36,000. Warberg Asset Management LLC owned about 0.17% of Duos Technologies Group as of its most recent filing with the Securities and Exchange Commission (SEC). 42.61% of the stock is currently owned by 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.