Duos Technologies Group (NASDAQ:DUOT) Issues Quarterly Earnings Results

Duos Technologies Group (NASDAQ:DUOT) released its quarterly earnings data on Friday. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.12), FiscalAI reports. The company had revenue of $2.72 million during the quarter, compared to analyst estimates of $9.60 million. Duos Technologies Group had a negative net margin of 36.40% and a negative return on equity of 36.45%.

Duos Technologies Group Trading Up 4.4%

Shares of DUOT traded up $0.38 on Friday, reaching $8.97. 1,390,228 shares of the company’s stock were exchanged, compared to its average volume of 446,543. Duos Technologies Group has a 12 month low of $5.78 and a 12 month high of $12.17. The stock has a market capitalization of $264.97 million, a P/E ratio of -13.59 and a beta of 1.06. The business has a 50 day moving average price of $7.81 and a two-hundred day moving average price of $9.05.

Institutional Trading of Duos Technologies Group

A number of large investors have recently made changes to their positions in the company. Squarepoint Ops LLC bought a new position in Duos Technologies Group during the fourth quarter worth about $134,000. HRT Financial LP bought a new stake in shares of Duos Technologies Group in the fourth quarter worth about $170,000. Osaic Holdings Inc. acquired a new stake in shares of Duos Technologies Group during the fourth quarter worth about $188,000. Barclays PLC raised its position in shares of Duos Technologies Group by 921.3% during the fourth quarter. Barclays PLC now owns 18,241 shares of the company’s stock worth $205,000 after purchasing an additional 16,455 shares during the period. Finally, Worth Venture Partners LLC bought a new position in shares of Duos Technologies Group during the 3rd quarter valued at about $138,000. Institutional investors own 42.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on DUOT. Wall Street Zen upgraded shares of Duos Technologies Group from a “sell” rating to a “hold” rating in a research note on Sunday, April 19th. Ascendiant Capital Markets raised their price objective on Duos Technologies Group from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Duos Technologies Group in a report on Monday, April 20th. Finally, Zacks Research lowered Duos Technologies Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Duos Technologies Group currently has a consensus rating of “Reduce” and an average target price of $17.00.

Duos Technologies Group Company Profile

Duos Technologies Group, Inc provides advanced non-intrusive security and inspection solutions utilizing motion-based and artificial intelligence technologies. The company’s core offerings include intelligent video analytics, RFID checkpoint systems, and specialized screening devices designed to detect security threats and contraband across transportation, logistics and critical infrastructure environments. Duos integrates proprietary hardware with software to deliver automated inspection and monitoring tools that enhance safety and operational efficiency.

Among its primary products are automated gate-entry systems, railcar inspection portals and portable screening devices that use AI-driven image recognition and sensor fusion to identify objects such as unauthorized materials, pipeline anomalies or vehicle defects.