Duos Technologies Group (NASDAQ:DUOT) Trading Up 14.1% – Time to Buy?

Shares of Duos Technologies Group, Inc. (NASDAQ:DUOT) traded up 14.1% on Friday . The company traded as high as $9.62 and last traded at $9.56. 238,630 shares were traded during mid-day trading, an increase of 12% from the average session volume of 213,996 shares. The stock had previously closed at $8.38.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Ascendiant Capital Markets upped their price target on shares of Duos Technologies Group from $11.50 to $14.00 and gave the company a “buy” rating in a research note on Tuesday, December 30th. Weiss Ratings restated a “sell (d-)” rating on shares of Duos Technologies Group in a report on Wednesday, January 21st. Finally, Wall Street Zen raised shares of Duos Technologies Group from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Duos Technologies Group presently has an average rating of “Hold” and an average price target of $14.00.

Duos Technologies Group Stock Up 14.1%

The company’s 50 day moving average price is $10.16 and its two-hundred day moving average price is $8.70. The firm has a market cap of $195.22 million, a PE ratio of -10.06 and a beta of 1.00.

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

Institutional Investors Weigh In On Duos Technologies Group

Hedge funds and other institutional investors have recently modified their holdings of the business. Tucker Asset Management LLC purchased a new position in Duos Technologies Group during the 4th quarter valued at $42,000. Huntleigh Advisors Inc. lifted its position in shares of Duos Technologies Group by 5.9% during the fourth quarter. Huntleigh Advisors Inc. now owns 101,770 shares of the company’s stock worth $1,145,000 after purchasing an additional 5,703 shares during the last quarter. Worth Venture Partners LLC purchased a new stake in shares of Duos Technologies Group during the third quarter valued at $138,000. Susquehanna International Group LLP bought a new position in shares of Duos Technologies Group in the third quarter worth about $235,000. Finally, Northern Right Capital Management L.P. bought a new position in shares of Duos Technologies Group in the third quarter worth about $5,723,000. 42.61% of the stock is currently owned by hedge funds and other institutional investors.

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.