Private Advisor Group LLC Decreases Stock Holdings in Duos Technologies Group, Inc. (NASDAQ:DUOT)

Private Advisor Group LLC reduced its position in Duos Technologies Group, Inc. (NASDAQ:DUOT) by 23.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,356 shares of the company’s stock after selling 4,200 shares during the period. Private Advisor Group LLC owned 0.18% of Duos Technologies Group worth $40,000 at the end of the most recent quarter.

Separately, Warberg Asset Management LLC acquired a new stake in Duos Technologies Group in the second quarter valued at approximately $36,000. 42.61% of the stock is currently owned by hedge funds and other institutional investors.

Duos Technologies Group Stock Performance

Shares of NASDAQ DUOT opened at $4.79 on Friday. Duos Technologies Group, Inc. has a fifty-two week low of $1.93 and a fifty-two week high of $5.74. The company has a market cap of $36.84 million, a PE ratio of -2.89 and a beta of 1.10. The business has a 50-day simple moving average of $3.30 and a two-hundred day simple moving average of $2.92.

Duos Technologies Group (NASDAQ:DUOT) last released its earnings results on Tuesday, August 13th. The company reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.12). Duos Technologies Group had a negative return on equity of 248.58% and a negative net margin of 213.96%. The company had revenue of $1.51 million during the quarter, compared to analyst estimates of $1.40 million. During the same quarter last year, the business earned ($0.42) earnings per share. On average, sell-side analysts predict that Duos Technologies Group, Inc. will post -1.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Ascendiant Capital Markets upped their price target on Duos Technologies Group from $5.75 to $6.00 and gave the stock a “buy” rating in a research report on Wednesday, September 11th.

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.