Duos Technologies Group (NASDAQ:DUOT) Trading 0.8% Higher – Time to Buy?

Duos Technologies Group, Inc. (NASDAQ:DUOT) shares rose 0.8% on Wednesday . The company traded as high as $9.76 and last traded at $9.73. Approximately 42,382 shares traded hands during trading, a decline of 74% from the average daily volume of 164,751 shares. The stock had previously closed at $9.65.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on DUOT shares. Weiss Ratings reissued 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 shares of Duos Technologies Group from $11.00 to $11.50 and gave the stock a “buy” rating in a report on Wednesday, September 24th. Finally, Wall Street Zen raised shares of Duos Technologies Group from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $12.75.

Duos Technologies Group Stock Performance

The stock’s fifty day simple moving average is $9.56 and its two-hundred day simple moving average is $8.11. The company has a market cap of $198.69 million, a price-to-earnings ratio of -10.24 and a beta of 0.96.

Duos Technologies Group (NASDAQ:DUOT) last issued its earnings results on Thursday, November 13th. The company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.06. The firm had revenue of $6.88 million for the quarter, compared to analysts’ expectations of $7.30 million. Duos Technologies Group had a negative return on equity of 65.17% and a negative net margin of 52.79%. Analysts predict that Duos Technologies Group, Inc. will post -1.34 EPS for the current fiscal year.

Hedge Funds Weigh In On Duos Technologies Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Zuckerman Investment Group LLC purchased a new position in Duos Technologies Group in the third quarter valued at about $132,000. Worth Venture Partners LLC acquired a new position in Duos Technologies Group during the 3rd quarter worth approximately $138,000. Susquehanna International Group LLP acquired a new stake in Duos Technologies Group in the third quarter valued at approximately $235,000. AMH Equity Ltd purchased a new stake in shares of Duos Technologies Group during the third quarter valued at approximately $258,000. Finally, Two Sigma Investments LP purchased a new position in shares of Duos Technologies Group in the third quarter valued at $277,000. Institutional investors and hedge funds own 42.61% of the company’s stock.

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.