Duos Technologies Group (NASDAQ:DUOT) Given New $7.50 Price Target at Ascendiant Capital Markets

Duos Technologies Group (NASDAQ:DUOT) had its price target upped by Ascendiant Capital Markets from $6.00 to $7.50 in a report published on Tuesday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Separately, Northland Securities boosted their price objective on shares of Duos Technologies Group from $5.50 to $10.00 and gave the company an “outperform” rating in a research report on Friday, November 22nd.

Duos Technologies Group Trading Up 6.8 %

DUOT stock opened at $4.53 on Tuesday. The company has a quick ratio of 0.56, a current ratio of 0.73 and a debt-to-equity ratio of 0.66. Duos Technologies Group has a twelve month low of $1.93 and a twelve month high of $6.44. The stock has a market capitalization of $38.10 million, a price-to-earnings ratio of -3.17 and a beta of 1.13. The firm’s fifty day simple moving average is $4.43 and its two-hundred day simple moving average is $3.29.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Duos Technologies Group stock. Warberg Asset Management LLC purchased a new position in Duos Technologies Group, Inc. (NASDAQ:DUOT) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 at the end of the most recent quarter. 42.61% of the stock is currently owned by institutional investors and hedge funds.

Duos Technologies Group Company 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.