Duos Technologies Group (NASDAQ:DUOT) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Duos Technologies Group (NASDAQ:DUOT) from a sell rating to a hold rating in a report released on Saturday.

Several other research analysts have also issued reports on the stock. Weiss Ratings upgraded shares of Duos Technologies Group from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Friday, August 21st. Zacks Research raised shares of Duos Technologies Group from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Cantor Fitzgerald upped their price objective on shares of Duos Technologies Group from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Finally, Ascendiant Capital Markets raised their target price on shares of Duos Technologies Group from $17.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Duos Technologies Group currently has an average rating of “Moderate Buy” and a consensus price target of $24.50.

Duos Technologies Group Trading Down 9.3%

Shares of Duos Technologies Group stock opened at $9.34 on Friday. Duos Technologies Group has a 12 month low of $6.02 and a 12 month high of $15.28. The firm has a market capitalization of $273.85 million, a P/E ratio of 9.43 and a beta of 1.29. The business has a fifty day simple moving average of $9.59 and a two-hundred day simple moving average of $9.31.

Hedge Funds Weigh In On Duos Technologies Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of Duos Technologies Group in the 2nd quarter worth $19,892,000. Regal Partners Ltd purchased a new stake in shares of Duos Technologies Group during the first quarter valued at $3,016,000. Shay Capital LLC boosted its position in shares of Duos Technologies Group by 2,646.1% during the third quarter. Shay Capital LLC now owns 411,910 shares of the company’s stock valued at $3,032,000 after buying an additional 396,910 shares during the last quarter. Royal Bank of Canada increased its holdings in Duos Technologies Group by 37.8% in the 1st quarter. Royal Bank of Canada now owns 1,330,691 shares of the company’s stock worth $9,129,000 after buying an additional 365,324 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Duos Technologies Group by 80.4% in the 3rd quarter. Vanguard Group Inc. now owns 639,797 shares of the company’s stock worth $4,709,000 after buying an additional 285,235 shares during the last quarter. 42.61% of the stock is owned by institutional investors.

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.