GatePass Capital LLC acquired a new position in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 53,000 shares of the company’s stock, valued at approximately $596,000. GatePass Capital LLC owned approximately 0.26% of Duos Technologies Group at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Mink Brook Asset Management LLC purchased a new stake in Duos Technologies Group during the third quarter valued at $5,756,000. Northern Right Capital Management L.P. purchased a new position in shares of Duos Technologies Group in the 3rd quarter worth $5,723,000. Shay Capital LLC increased its holdings in shares of Duos Technologies Group by 2,646.1% in the 3rd quarter. Shay Capital LLC now owns 411,910 shares of the company’s stock worth $3,032,000 after buying an additional 396,910 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Duos Technologies Group by 80.4% in the 3rd quarter. Vanguard Group Inc. now owns 639,797 shares of the company’s stock worth $4,709,000 after buying an additional 285,235 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in shares of Duos Technologies Group by 1,339.2% during the 3rd quarter. Private Advisor Group LLC now owns 207,249 shares of the company’s stock valued at $1,525,000 after buying an additional 192,849 shares in the last quarter. 42.61% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the company. Ascendiant Capital Markets lifted their price target 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 research note on Monday, April 20th. Wall Street Zen cut Duos Technologies Group from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Zacks Research downgraded Duos Technologies Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Duos Technologies Group currently has a consensus rating of “Reduce” and an average price target of $17.00.
Duos Technologies Group Price Performance
DUOT opened at $12.30 on Tuesday. The business has a fifty day moving average of $8.14 and a 200 day moving average of $9.04. Duos Technologies Group, Inc. has a 52-week low of $5.78 and a 52-week high of $12.40. The stock has a market cap of $360.64 million, a P/E ratio of -18.64 and a beta of 1.06.
Duos Technologies Group (NASDAQ:DUOT – Get Free Report) last released its earnings results on Friday, May 15th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.12). Duos Technologies Group had a negative return on equity of 21.46% and a negative net margin of 45.36%.The business had revenue of $2.72 million during the quarter, compared to analysts’ expectations of $9.60 million. Equities analysts anticipate that Duos Technologies Group, Inc. will post 0.04 EPS for the current fiscal year.
Duos Technologies Group 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.
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