Duos Technologies Group (NASDAQ:DUOT) Trading Up 0.8% – Still a Buy?

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

Analyst Ratings Changes

Several equities research analysts have recently commented on DUOT shares. Wall Street Zen upgraded Duos Technologies Group from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of Duos Technologies Group in a report on Wednesday, October 8th. Finally, Ascendiant Capital Markets raised their price objective on Duos Technologies Group from $11.00 to $11.50 and gave the stock a “buy” rating in a research note on Wednesday, September 24th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.75.

Duos Technologies Group Stock Up 0.8%

The business has a 50 day moving average price of $9.53 and a two-hundred day moving average price of $8.10. The stock has a market cap of $198.64 million, a P/E ratio of -10.24 and a beta of 0.96.

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

Institutional Investors Weigh In On Duos Technologies Group

Hedge funds have recently made changes to their positions in the company. Mink Brook Asset Management LLC purchased a new position in Duos Technologies Group during the 3rd quarter valued at approximately $5,756,000. Northern Right Capital Management L.P. purchased a new position in shares of Duos Technologies Group in the third quarter valued at $5,723,000. Vanguard Group Inc. increased its position in Duos Technologies Group by 80.4% in the third quarter. Vanguard Group Inc. now owns 639,797 shares of the company’s stock worth $4,709,000 after purchasing an additional 285,235 shares during the last quarter. Shay Capital LLC raised its stake in Duos Technologies Group by 2,646.1% during the third quarter. Shay Capital LLC now owns 411,910 shares of the company’s stock valued at $3,032,000 after purchasing an additional 396,910 shares in the last quarter. Finally, Private Advisor Group LLC lifted its position in Duos Technologies Group by 1,339.2% during the third quarter. Private Advisor Group LLC now owns 207,249 shares of the company’s stock valued at $1,525,000 after purchasing an additional 192,849 shares during the last quarter. 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.