Duos Technologies Group (NASDAQ:DUOT) Downgraded by Wall Street Zen to Sell

Wall Street Zen lowered shares of Duos Technologies Group (NASDAQ:DUOT) from a hold rating to a sell rating in a research note issued to investors on Saturday morning.

Several other analysts also recently commented on the stock. Ascendiant Capital Markets increased their target price on shares of Duos Technologies Group from $17.00 to $22.00 and gave the company a “buy” rating in a report on Monday, June 15th. Cantor Fitzgerald initiated coverage on shares of Duos Technologies Group in a research report on Friday, July 31st. They issued an “overweight” rating and a $26.00 price objective for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Duos Technologies Group in a research note on Friday, July 17th. Finally, Zacks Research raised shares of Duos Technologies Group from a “strong sell” rating to a “hold” rating in a research report on Monday, June 15th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $24.00.

Duos Technologies Group Stock Up 6.3%

Shares of NASDAQ:DUOT opened at $9.24 on Friday. The business’s 50 day moving average is $10.38 and its 200 day moving average is $9.34. Duos Technologies Group has a 12-month low of $5.78 and a 12-month high of $15.28. The stock has a market cap of $270.94 million, a price-to-earnings ratio of -14.00 and a beta of 1.29.

Duos Technologies Group (NASDAQ:DUOT) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.12). The company had revenue of $2.72 million during the quarter, compared to analysts’ expectations of $9.60 million. Duos Technologies Group had a negative net margin of 45.36% and a negative return on equity of 21.46%. As a group, equities research analysts expect that Duos Technologies Group will post 0.04 earnings per share for the current year.

Institutional Trading of Duos Technologies Group

Several hedge funds have recently added to or reduced their stakes in the stock. Tucker Asset Management LLC purchased a new stake in shares of Duos Technologies Group during the 4th quarter worth approximately $42,000. C2C Wealth Management LLC purchased a new position in Duos Technologies Group in the first quarter valued at approximately $75,000. Squarepoint Ops LLC purchased a new position in Duos Technologies Group in the fourth quarter valued at approximately $134,000. Heck Capital Advisors LLC bought a new position in Duos Technologies Group during the second quarter valued at $164,000. Finally, HRT Financial LP purchased a new stake in Duos Technologies Group in the fourth quarter worth $170,000. Institutional investors own 42.61% of the company’s stock.

Duos Technologies Group Company Profile

Duos Technologies Group, Inc provides advanced non-intrusive security and inspection solutions utilizing motion-based and artificial intelligence technologies. The company’s core offerings include intelligent video analytics, RFID checkpoint systems, and specialized screening devices designed to detect security threats and contraband across transportation, logistics and critical infrastructure environments. Duos integrates proprietary hardware with software to deliver automated inspection and monitoring tools that enhance safety and operational efficiency.

Among its primary products are automated gate-entry systems, railcar inspection portals and portable screening devices that use AI-driven image recognition and sensor fusion to identify objects such as unauthorized materials, pipeline anomalies or vehicle defects.