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

Duos Technologies Group (NASDAQ:DUOT) had its target price upped by Northland Securities from $5.50 to $10.00 in a research note released on Friday morning,Benzinga reports. Northland Securities currently has an outperform rating on the stock.

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

Duos Technologies Group Stock Performance

DUOT stock opened at $4.58 on Friday. The company has a fifty day moving average price of $3.70 and a 200-day moving average price of $3.01. The company has a market capitalization of $38.52 million, a P/E ratio of -3.20 and a beta of 1.10. Duos Technologies Group has a 52-week low of $1.93 and a 52-week high of $6.44.

Institutional Investors 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 shares of Duos Technologies Group, Inc. (NASDAQ:DUOT) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 SEC filing. Hedge funds and other institutional investors own 42.61% of the company’s stock.

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.