Huntleigh Advisors Inc. Acquires Shares of 131,055 Duos Technologies Group, Inc. (NASDAQ:DUOT)

Huntleigh Advisors Inc. bought a new stake in Duos Technologies Group, Inc. (NASDAQ:DUOT - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 131,055 shares of the company's stock, valued at approximately $739,000. Huntleigh Advisors Inc. owned approximately 1.12% of Duos Technologies Group as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DUOT. Essex Investment Management Co. LLC bought a new position in Duos Technologies Group in the 4th quarter valued at about $116,000. LPL Financial LLC bought a new position in Duos Technologies Group in the 4th quarter valued at about $107,000. Northern Trust Corp grew its position in Duos Technologies Group by 80.3% in the 4th quarter. Northern Trust Corp now owns 38,786 shares of the company's stock valued at $232,000 after buying an additional 17,270 shares in the last quarter. Citadel Advisors LLC bought a new position in Duos Technologies Group in the 4th quarter valued at about $74,000. Finally, Geode Capital Management LLC grew its position in Duos Technologies Group by 6.3% in the 4th quarter. Geode Capital Management LLC now owns 70,871 shares of the company's stock valued at $424,000 after buying an additional 4,200 shares in the last quarter. Institutional investors own 42.61% of the company's stock.

Duos Technologies Group Price Performance

Shares of NASDAQ:DUOT traded down $0.12 during trading hours on Monday, hitting $7.85. 117,764 shares of the company's stock traded hands, compared to its average volume of 124,750. Duos Technologies Group, Inc. has a 52 week low of $2.03 and a 52 week high of $9.27. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.50 and a current ratio of 0.53. The company's fifty day simple moving average is $7.59 and its two-hundred day simple moving average is $6.56. The company has a market cap of $91.45 million, a price-to-earnings ratio of -6.54 and a beta of 0.99.

Duos Technologies Group (NASDAQ:DUOT - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.18) earnings per share for the quarter, meeting the consensus estimate of ($0.18). Duos Technologies Group had a negative net margin of 90.41% and a negative return on equity of 331.38%. The company had revenue of $4.95 million during the quarter, compared to analyst estimates of $4.60 million. During the same quarter last year, the firm posted ($0.38) EPS. As a group, equities analysts anticipate that Duos Technologies Group, Inc. will post -1.34 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Ascendiant Capital Markets raised their price objective on shares of Duos Technologies Group from $9.00 to $11.00 and gave the company a "buy" rating in a research report on Monday, June 16th.

Duos Technologies Group 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.