FNY Investment Advisers LLC purchased a new position in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 11,053 shares of the company’s stock, valued at approximately $66,000. FNY Investment Advisers LLC owned 0.13% of Duos Technologies Group as of its most recent filing with the Securities & Exchange Commission.
Duos Technologies Group Price Performance
Shares of DUOT opened at $5.25 on Thursday. The business has a 50-day simple moving average of $5.26 and a two-hundred day simple moving average of $3.77. Duos Technologies Group, Inc. has a 12-month low of $2.03 and a 12-month high of $8.53. The stock has a market cap of $44.16 million, a PE ratio of -3.67 and a beta of 1.12. The company has a quick ratio of 0.56, a current ratio of 0.73 and a debt-to-equity ratio of 0.66.
Analysts Set New Price Targets
A number of research firms have commented on DUOT. Northland Securities lifted their price objective on shares of Duos Technologies Group from $5.50 to $10.00 and gave the stock an “outperform” rating in a research report on Friday, November 22nd. Ascendiant Capital Markets lifted their price objective on Duos Technologies Group from $6.00 to $7.50 and gave the company a “buy” rating in a report on Tuesday, December 17th.
Duos Technologies Group 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.
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