Duos Technologies Group, Inc. (NASDAQ:DUOT) CFO Sells $10,205.00 in Stock

Duos Technologies Group, Inc. (NASDAQ:DUOT) CFO Adrian Graham Goldfarb sold 1,300 shares of the business’s stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $7.85, for a total transaction of $10,205.00. Following the sale, the chief financial officer now owns 9,762 shares of the company’s stock, valued at approximately $76,631.70. The trade was a 11.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Duos Technologies Group Stock Up 17.8%

DUOT stock opened at $8.46 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.73 and a quick ratio of 0.56. Duos Technologies Group, Inc. has a 1-year low of $2.03 and a 1-year high of $8.72. The firm has a fifty day moving average price of $6.16 and a two-hundred day moving average price of $5.89. The firm has a market cap of $98.59 million, a price-to-earnings ratio of -5.92 and a beta of 0.97.

Duos Technologies Group (NASDAQ:DUOT) last released its quarterly earnings results on Thursday, May 15th. The company reported ($0.18) EPS for the quarter, hitting the consensus estimate of ($0.18). The business had revenue of $4.95 million during the quarter, compared to analyst estimates of $4.60 million. Duos Technologies Group had a negative net margin of 143.17% and a negative return on equity of 271.06%. During the same quarter in the prior year, the firm earned ($0.38) earnings per share. Research analysts predict that Duos Technologies Group, Inc. will post -1.34 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on DUOT. Northland Securities boosted their target price on shares of Duos Technologies Group from $10.00 to $14.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. Ascendiant Capital Markets boosted their target price on shares of Duos Technologies Group from $7.50 to $9.00 and gave the company a “buy” rating in a research note on Monday, April 28th.

Hedge Funds Weigh In On Duos Technologies Group

Several institutional investors have recently modified their holdings of DUOT. Huntleigh Advisors Inc. bought a new position in shares of Duos Technologies Group during the first quarter worth about $739,000. Informed Momentum Co LLC bought a new position in shares of Duos Technologies Group during the first quarter worth about $528,000. AMH Equity Ltd bought a new position in shares of Duos Technologies Group during the first quarter worth about $282,000. Essex Investment Management Co. LLC bought a new position in shares of Duos Technologies Group during the fourth quarter worth about $116,000. Finally, LPL Financial LLC bought a new position in shares of Duos Technologies Group during the fourth quarter worth about $107,000. 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.