Northland Securities Boosts Duos Technologies Group (NASDAQ:DUOT) Price Target to $10.00

Duos Technologies Group (NASDAQ:DUOT) had its target price raised by equities researchers at Northland Securities from $5.50 to $10.00 in a report released on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Northland Securities’ price objective would suggest a potential upside of 118.34% from the stock’s current price.

Separately, Ascendiant Capital Markets lifted their price objective on shares of Duos Technologies Group from $5.75 to $6.00 and gave the company a “buy” rating in a report on Wednesday, September 11th.

Duos Technologies Group Stock Down 6.3 %

NASDAQ:DUOT opened at $4.58 on Friday. The company has a market cap of $38.52 million, a PE ratio of -3.20 and a beta of 1.10. The stock has a 50-day simple moving average of $3.75 and a 200 day simple moving average of $3.02. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.41 and a current ratio of 0.73. Duos Technologies Group has a 52-week low of $1.93 and a 52-week high of $6.44.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Duos Technologies Group stock. Warberg Asset Management LLC bought a new stake in Duos Technologies Group, Inc. (NASDAQ:DUOT) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 12,584 shares of the company’s stock, valued at approximately $36,000. Warberg Asset Management LLC owned 0.17% of Duos Technologies Group as of its most recent filing with the SEC. 42.61% of the stock is owned by institutional investors.

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.