HighTower Advisors LLC grew its position in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT – Free Report) by 6.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,143 shares of the company’s stock after acquiring an additional 4,000 shares during the quarter. HighTower Advisors LLC owned 0.75% of Duos Technologies Group worth $378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Essex Investment Management Co. LLC bought a new position in Duos Technologies Group in the 4th quarter worth about $116,000. 42.61% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on the company. Northland Securities lifted their price objective on Duos Technologies Group from $10.00 to $14.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. Ascendiant Capital Markets raised their price target on Duos Technologies Group from $6.00 to $7.50 and gave the stock a “buy” rating in a research report on Tuesday, December 17th.
Duos Technologies Group Price Performance
DUOT stock opened at $5.64 on Tuesday. The firm has a 50 day moving average price of $6.31 and a 200-day moving average price of $5.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.56 and a current ratio of 0.73. The firm has a market capitalization of $47.44 million, a price-to-earnings ratio of -3.94 and a beta of 1.02. Duos Technologies Group, Inc. has a 52-week low of $2.03 and a 52-week high of $8.53.
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.
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