Duos Technologies Group (DUOT) Expected to Announce Earnings on Monday

Duos Technologies Group (NASDAQ:DUOT) is anticipated to release its earnings data after the market closes on Monday, March 31st. Analysts expect Duos Technologies Group to post earnings of ($0.30) per share and revenue of $2.75 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Duos Technologies Group Stock Down 12.2 %

DUOT stock opened at $5.31 on Friday. The stock has a fifty day moving average of $6.31 and a 200-day moving average of $5.08. Duos Technologies Group has a fifty-two week low of $2.03 and a fifty-two week high of $8.53. The company has a market capitalization of $44.66 million, a price-to-earnings ratio of -3.71 and a beta of 1.02. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.56 and a current ratio of 0.73.

Analysts Set New Price Targets

DUOT has been the subject of several recent research reports. Ascendiant Capital Markets lifted their target price on shares of Duos Technologies Group from $6.00 to $7.50 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Northland Securities lifted their price objective on shares of Duos Technologies Group from $10.00 to $14.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th.

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.