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

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

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

Duos Technologies Group Stock Up 6.8 %

Duos Technologies Group stock opened at $4.53 on Tuesday. Duos Technologies Group has a fifty-two week low of $1.93 and a fifty-two week high of $6.44. The stock has a market cap of $38.10 million, a PE ratio of -3.17 and a beta of 1.13. The firm’s 50-day simple moving average is $4.43 and its 200 day simple moving average is $3.29. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.56 and a current ratio of 0.73.

Hedge Funds Weigh In On Duos Technologies Group

An institutional investor recently bought a new position in Duos Technologies Group stock. Warberg Asset Management LLC acquired a new position in Duos Technologies Group, Inc. (NASDAQ:DUOT) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,584 shares of the company’s stock, valued at approximately $36,000. Warberg Asset Management LLC owned approximately 0.17% of Duos Technologies Group at the end of the most recent quarter. 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.