Bard Associates Inc. Has $1.20 Million Stock Position in Duos Technologies Group, Inc. (NASDAQ:DUOT)

Bard Associates Inc. cut its holdings in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 401,023 shares of the company’s stock after selling 5,300 shares during the period. Bard Associates Inc. owned about 5.21% of Duos Technologies Group worth $1,203,000 at the end of the most recent quarter.

Separately, Warberg Asset Management LLC acquired a new stake in shares of Duos Technologies Group during the 2nd quarter worth about $36,000. Institutional investors own 42.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Ascendiant Capital Markets increased their price target on Duos Technologies Group from $5.75 to $6.00 and gave the stock a “buy” rating in a research report on Wednesday, September 11th.

Duos Technologies Group Price Performance

Shares of NASDAQ:DUOT opened at $3.94 on Friday. The business’s 50-day moving average is $3.48 and its 200-day moving average is $2.96. Duos Technologies Group, Inc. has a 1 year low of $1.93 and a 1 year high of $5.74.

Duos Technologies Group (NASDAQ:DUOT) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.12). Duos Technologies Group had a negative return on equity of 248.58% and a negative net margin of 213.96%. The company had revenue of $1.51 million during the quarter, compared to analysts’ expectations of $1.40 million. During the same period last year, the firm earned ($0.42) earnings per share. Equities analysts anticipate that Duos Technologies Group, Inc. will post -1.15 EPS for the current fiscal year.

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.