Huntleigh Advisors Inc. Purchases New Position in Duos Technologies Group, Inc. (NASDAQ:DUOT)

Huntleigh Advisors Inc. acquired a new stake in Duos Technologies Group, Inc. (NASDAQ:DUOT - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 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 filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Citadel Advisors LLC bought a new stake in Duos Technologies Group during the fourth quarter valued at about $74,000. LPL Financial LLC bought a new stake in Duos Technologies Group during the 4th quarter valued at approximately $107,000. Essex Investment Management Co. LLC acquired a new stake in Duos Technologies Group in the 4th quarter valued at approximately $116,000. Northern Trust Corp grew its holdings 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 during the last quarter. Finally, HighTower Advisors LLC increased its position in Duos Technologies Group by 6.8% in the 4th quarter. HighTower Advisors LLC now owns 63,143 shares of the company's stock worth $378,000 after buying an additional 4,000 shares during the period. 42.61% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Ascendiant Capital Markets increased their price objective on 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 Stock Performance

NASDAQ DUOT traded up $0.13 during midday trading on Friday, hitting $7.97. The company had a trading volume of 67,294 shares, compared to its average volume of 129,306. The firm has a fifty day simple moving average of $7.58 and a two-hundred day simple moving average of $6.52. Duos Technologies Group, Inc. has a fifty-two week low of $2.03 and a fifty-two week high of $9.27. The company has a quick ratio of 0.50, a current ratio of 0.53 and a debt-to-equity ratio of 0.32. The stock has a market cap of $92.85 million, a price-to-earnings ratio of -6.64 and a beta of 0.99.

Duos Technologies Group (NASDAQ:DUOT - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.18) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.18). Duos Technologies Group had a negative return on equity of 331.38% and a negative net margin of 90.41%. The business had revenue of $4.95 million for the quarter, compared to the consensus estimate of $4.60 million. During the same period last year, the business earned ($0.38) earnings per share. Equities analysts forecast that Duos Technologies Group, Inc. will post -1.34 earnings per share for the current fiscal year.

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.