Duos Technologies Group, Inc. (NASDAQ:DUOT) Shares Sold by Bard Associates Inc.

Bard Associates Inc. reduced its position in Duos Technologies Group, Inc. (NASDAQ:DUOT) by 28.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 285,866 shares of the company’s stock after selling 115,157 shares during the quarter. Bard Associates Inc.’s holdings in Duos Technologies Group were worth $1,709,000 as of its most recent SEC filing.

Separately, FNY Investment Advisers LLC purchased a new position in shares of Duos Technologies Group in the fourth quarter valued at approximately $66,000. 42.61% of the stock is owned by institutional investors.

Duos Technologies Group Stock Performance

Shares of DUOT opened at $5.73 on Tuesday. The stock has a 50-day simple moving average of $6.42 and a 200-day simple moving average of $4.67. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.56 and a current ratio of 0.73. Duos Technologies Group, Inc. has a 1 year low of $2.03 and a 1 year high of $8.53. The stock has a market capitalization of $48.20 million, a PE ratio of -4.01 and a beta of 1.12.

Analyst Upgrades and Downgrades

DUOT has been the topic of several recent research reports. Ascendiant Capital Markets upped their target price on shares of Duos Technologies Group from $6.00 to $7.50 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Northland Securities upped their price objective on Duos Technologies Group from $10.00 to $14.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th.

About Duos Technologies Group

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.