Duos Technologies Group (NASDAQ:DUOT) Raised to “Hold” at Wall Street Zen

Duos Technologies Group (NASDAQ:DUOT) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

Several other equities analysts have also commented on DUOT. Zacks Research raised Duos Technologies Group from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Ascendiant Capital Markets raised their price objective on Duos Technologies Group from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Cantor Fitzgerald boosted their price objective on shares of Duos Technologies Group from $26.00 to $27.00 and gave the company an “overweight” rating in a report on Tuesday, August 18th. Finally, Weiss Ratings raised shares of Duos Technologies Group from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Friday, August 21st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $24.50.

Duos Technologies Group Stock Performance

DUOT opened at $9.34 on Friday. The stock has a market capitalization of $273.85 million, a PE ratio of 9.43 and a beta of 1.29. Duos Technologies Group has a one year low of $6.02 and a one year high of $15.28. The business’s 50 day moving average price is $9.59 and its 200 day moving average price is $9.31.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Alyeska Investment Group L.P. boosted its position in shares of Duos Technologies Group by 4.9% during the second quarter. Alyeska Investment Group L.P. now owns 2,000,000 shares of the company’s stock worth $24,000,000 after buying an additional 93,341 shares during the period. BlackRock Inc. purchased a new stake in shares of Duos Technologies Group in the 2nd quarter valued at $19,892,000. Royal Bank of Canada lifted its stake in Duos Technologies Group by 37.8% during the 1st quarter. Royal Bank of Canada now owns 1,330,691 shares of the company’s stock worth $9,129,000 after acquiring an additional 365,324 shares in the last quarter. Vanguard Group Inc. lifted its stake in Duos Technologies Group by 80.4% during the 3rd quarter. Vanguard Group Inc. now owns 639,797 shares of the company’s stock worth $4,709,000 after acquiring an additional 285,235 shares in the last quarter. Finally, Regal Partners Ltd purchased a new position in Duos Technologies Group during the 1st quarter valued at about $3,016,000. 42.61% of the stock is currently owned by institutional investors and hedge funds.

About Duos Technologies Group

Duos Technologies Group, Inc provides advanced non-intrusive security and inspection solutions utilizing motion-based and artificial intelligence technologies. The company’s core offerings include intelligent video analytics, RFID checkpoint systems, and specialized screening devices designed to detect security threats and contraband across transportation, logistics and critical infrastructure environments. Duos integrates proprietary hardware with software to deliver automated inspection and monitoring tools that enhance safety and operational efficiency.

Among its primary products are automated gate-entry systems, railcar inspection portals and portable screening devices that use AI-driven image recognition and sensor fusion to identify objects such as unauthorized materials, pipeline anomalies or vehicle defects.