Northland Securities Issues Positive Forecast for Duos Technologies Group (NASDAQ:DUOT) Stock Price

Duos Technologies Group (NASDAQ:DUOT) had its target price lifted by Northland Securities from $5.50 to $10.00 in a research note issued to investors on Friday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

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

Duos Technologies Group Stock Down 6.3 %

Shares of NASDAQ:DUOT opened at $4.58 on Friday. The company’s 50 day moving average price is $3.70 and its two-hundred day moving average price is $3.01. Duos Technologies Group has a 12-month low of $1.93 and a 12-month high of $6.44. The firm has a market cap of $38.52 million, a PE ratio of -3.20 and a beta of 1.10.

Hedge Funds Weigh In On Duos Technologies Group

An institutional investor recently bought a new position in Duos Technologies Group stock. Warberg Asset Management LLC acquired a new stake in Duos Technologies Group, Inc. (NASDAQ:DUOT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 12,584 shares of the company’s stock, valued at approximately $36,000. Warberg Asset Management LLC owned about 0.17% of Duos Technologies Group at the end of the most recent reporting period. Institutional investors own 42.61% of the company’s stock.

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.