Duos Technologies Group (NASDAQ:DUOT) Price Target Raised to $7.50

Duos Technologies Group (NASDAQ:DUOT) had its price objective upped by investment analysts at Ascendiant Capital Markets from $6.00 to $7.50 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Ascendiant Capital Markets’ price objective points to a potential upside of 66.67% from the stock’s current price.

Separately, Northland Securities raised their price objective on Duos Technologies Group from $5.50 to $10.00 and gave the company an “outperform” rating in a research report on Friday, November 22nd.

Duos Technologies Group Stock Down 0.7 %

Duos Technologies Group stock opened at $4.50 on Tuesday. The company has a quick ratio of 0.56, a current ratio of 0.73 and a debt-to-equity ratio of 0.66. The firm has a market cap of $37.85 million, a P/E ratio of -3.15 and a beta of 1.13. The business has a fifty day moving average of $4.49 and a two-hundred day moving average of $3.32. Duos Technologies Group has a twelve month low of $1.93 and a twelve month high of $6.44.

Institutional Trading of Duos Technologies Group

A hedge fund recently bought a new stake in Duos Technologies Group stock. Warberg Asset Management LLC acquired a new stake in Duos Technologies Group, Inc. (NASDAQ:DUOT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,584 shares of the company’s stock, valued at approximately $36,000. Warberg Asset Management LLC owned 0.17% of Duos Technologies Group at the end of the most recent quarter. 42.61% of the stock is currently owned by institutional investors.

Duos Technologies Group Company Profile

Duos Technologies Group, Inc designs, develops, deploys, and operates intelligent technology solutions in North America. The company provides solutions, such as Centraco, an enterprise information management software platform that consolidates data and events from multiple sources into a unified and distributive user interface; and truevue360, an integrated platform to develop and deploy artificial intelligence algorithms, including machine learning, computer vision, object detection, and deep neural network-based processing for real-time applications.