Duos Technologies Group (NASDAQ:DUOT) Price Target Raised to $10.00

Duos Technologies Group (NASDAQ:DUOT) had its price target raised by Northland Securities from $5.50 to $10.00 in a research report report published on Friday,Benzinga reports. The brokerage currently has an outperform rating on the stock.

Separately, Ascendiant Capital Markets upped their target price on Duos Technologies Group from $5.75 to $6.00 and gave the company a “buy” rating in a report on Wednesday, September 11th.

Duos Technologies Group Price Performance

Shares of NASDAQ:DUOT opened at $4.57 on Friday. The company has a market cap of $38.43 million, a PE ratio of -3.20 and a beta of 1.10. Duos Technologies Group has a fifty-two week low of $1.93 and a fifty-two week high of $6.44. The firm has a 50-day simple moving average of $3.79 and a 200 day simple moving average of $3.03. The company has a quick ratio of 0.56, a current ratio of 0.73 and a debt-to-equity ratio of 0.66.

Institutional Trading of Duos Technologies Group

A hedge fund recently bought a new stake in Duos Technologies Group stock. Warberg Asset Management LLC purchased a new position in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 12,584 shares of the company’s stock, valued at approximately $36,000. Warberg Asset Management LLC owned 0.17% of Duos Technologies Group as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 42.61% of the company’s stock.

About Duos Technologies Group

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.