Wall Street Zen Downgrades Duos Technologies Group (NASDAQ:DUOT) to Sell

Duos Technologies Group (NASDAQ:DUOT) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Other analysts have also recently issued reports about the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Duos Technologies Group in a research note on Friday, July 17th. Cantor Fitzgerald assumed coverage on Duos Technologies Group in a research report on Friday, July 31st. They issued an “overweight” rating and a $26.00 target price for the company. Ascendiant Capital Markets lifted their price objective on Duos Technologies Group from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Finally, Zacks Research upgraded shares of Duos Technologies Group from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Duos Technologies Group currently has an average rating of “Hold” and a consensus target price of $24.00.

Duos Technologies Group Price Performance

Shares of NASDAQ:DUOT opened at $9.24 on Friday. Duos Technologies Group has a fifty-two week low of $5.78 and a fifty-two week high of $15.28. The firm’s 50 day moving average price is $10.38 and its 200 day moving average price is $9.32. The stock has a market cap of $270.92 million, a price-to-earnings ratio of -14.00 and a beta of 1.29.

Duos Technologies Group (NASDAQ:DUOT) last issued its earnings results on Friday, May 15th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.12). The firm had revenue of $2.72 million for the quarter, compared to analyst estimates of $9.60 million. Duos Technologies Group had a negative return on equity of 21.46% and a negative net margin of 45.36%. On average, equities analysts anticipate that Duos Technologies Group will post 0.04 EPS for the current year.

Institutional Trading of Duos Technologies Group

Several institutional investors and hedge funds have recently bought and sold shares of DUOT. BlackRock Inc. acquired a new stake in Duos Technologies Group in the second quarter valued at approximately $19,892,000. Regal Partners Ltd acquired a new position in shares of Duos Technologies Group in the 1st quarter valued at about $3,016,000. Shay Capital LLC lifted its position in shares of Duos Technologies Group by 2,646.1% during the 3rd quarter. Shay Capital LLC now owns 411,910 shares of the company’s stock valued at $3,032,000 after acquiring an additional 396,910 shares during the period. Royal Bank of Canada boosted its position in shares of Duos Technologies Group by 37.8% during the 1st quarter. Royal Bank of Canada now owns 1,330,691 shares of the company’s stock worth $9,129,000 after purchasing an additional 365,324 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Duos Technologies Group by 80.4% during the third quarter. Vanguard Group Inc. now owns 639,797 shares of the company’s stock valued at $4,709,000 after acquiring an additional 285,235 shares in the last quarter. Institutional investors own 42.61% of the company’s stock.

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.