Duos Technologies Group (NASDAQ:DUOT) Stock Rating Lowered by Wall Street Zen

Duos Technologies Group (NASDAQ:DUOTGet Free Report) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

Several other analysts have also weighed in on the company. Ascendiant Capital Markets increased their price target on Duos Technologies Group from $14.00 to $17.00 and gave the company a “buy” rating in a report on Friday, April 17th. Zacks Research lowered Duos Technologies Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 22nd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Duos Technologies Group in a report on Monday, April 20th. One research analyst has rated the stock with a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $17.00.

Check Out Our Latest Research Report on DUOT

Duos Technologies Group Price Performance

DUOT stock opened at $12.30 on Friday. Duos Technologies Group has a 1-year low of $5.78 and a 1-year high of $12.40. The company has a market capitalization of $360.64 million, a price-to-earnings ratio of -18.64 and a beta of 1.06. The business has a 50 day simple moving average of $8.04 and a two-hundred day simple moving average of $9.04.

Duos Technologies Group (NASDAQ:DUOTGet Free Report) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.12). The firm had revenue of $2.72 million for the quarter, compared to analysts’ expectations of $9.60 million. Duos Technologies Group had a negative return on equity of 21.46% and a negative net margin of 45.36%. Sell-side analysts anticipate that Duos Technologies Group will post 0.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Tucker Asset Management LLC purchased a new position in Duos Technologies Group during the fourth quarter valued at approximately $42,000. C2C Wealth Management LLC purchased a new position in Duos Technologies Group during the first quarter valued at approximately $75,000. Squarepoint Ops LLC purchased a new position in Duos Technologies Group during the fourth quarter valued at approximately $134,000. HRT Financial LP purchased a new position in Duos Technologies Group during the fourth quarter valued at approximately $170,000. Finally, Osaic Holdings Inc. purchased a new position in Duos Technologies Group during the fourth quarter valued at approximately $188,000. 42.61% of the stock is currently owned by hedge funds and other institutional investors.

Duos Technologies Group Company Profile

(Get Free Report)

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.

Further Reading

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