Northland Securities Boosts Duos Technologies Group (NASDAQ:DUOT) Price Target to $10.00

Duos Technologies Group (NASDAQ:DUOT) had its price objective lifted by Northland Securities from $5.50 to $10.00 in a research report released on Friday morning,Benzinga reports. They currently have an outperform rating on the stock.

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

Duos Technologies Group Stock Performance

Shares of Duos Technologies Group stock opened at $4.58 on Friday. Duos Technologies Group has a one year low of $1.93 and a one year high of $6.44. The company has a market cap of $38.52 million, a PE ratio of -3.20 and a beta of 1.10. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.41 and a current ratio of 0.73. The business has a 50-day simple moving average of $3.75 and a 200-day simple moving average of $3.02.

Institutional Investors Weigh In On Duos Technologies Group

A hedge fund recently bought a new stake in Duos Technologies Group stock. Warberg Asset Management LLC bought a new position in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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 as of its most recent SEC filing. 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.