Duos Technologies Group (NASDAQ:DUOT) Raised to Hold at Zacks Research

Duos Technologies Group (NASDAQ:DUOT) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

A number of other analysts also recently issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Duos Technologies Group in a report on Monday, April 20th. Ascendiant Capital Markets raised their price target on shares of Duos Technologies Group from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Monday. Finally, Wall Street Zen downgraded shares of Duos Technologies Group from a “hold” rating to a “sell” rating in a report on Saturday, May 23rd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $22.00.

Duos Technologies Group Trading Down 7.4%

DUOT stock opened at $11.32 on Monday. The company has a market cap of $331.90 million, a price-to-earnings ratio of -17.15 and a beta of 1.21. Duos Technologies Group has a 12 month low of $5.78 and a 12 month high of $15.28. The firm has a 50-day moving average of $9.94 and a two-hundred day moving average of $9.45.

Duos Technologies Group (NASDAQ:DUOT) last released its quarterly earnings data on Friday, May 15th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.12). The business had revenue of $2.72 million during the quarter, compared to analyst estimates of $9.60 million. Duos Technologies Group had a negative net margin of 45.36% and a negative return on equity of 21.46%. As a group, equities analysts forecast that Duos Technologies Group will post 0.04 earnings per share for the current year.

Institutional Trading of Duos Technologies Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Tucker Asset Management LLC acquired a new stake in shares of Duos Technologies Group during the 4th quarter worth approximately $42,000. Huntleigh Advisors Inc. increased its holdings in Duos Technologies Group by 5.9% in the 4th quarter. Huntleigh Advisors Inc. now owns 101,770 shares of the company’s stock valued at $1,145,000 after purchasing an additional 5,703 shares during the last quarter. Marshall Wace LLP increased its holdings in Duos Technologies Group by 26.9% in the 4th quarter. Marshall Wace LLP now owns 37,633 shares of the company’s stock valued at $423,000 after purchasing an additional 7,979 shares during the last quarter. XTX Topco Ltd increased its holdings in Duos Technologies Group by 46.7% in the 4th quarter. XTX Topco Ltd now owns 32,313 shares of the company’s stock valued at $364,000 after purchasing an additional 10,289 shares during the last quarter. Finally, C2C Wealth Management LLC acquired a new stake in Duos Technologies Group in the 1st quarter valued at approximately $75,000. Institutional investors and hedge funds own 42.61% of the company’s stock.

Duos Technologies Group Company Profile

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.