Duos Technologies Group (OTCMKTS:DUOT) Stock Passes Below 50 Day Moving Average of $3.89

Shares of Duos Technologies Group Inc (OTCMKTS:DUOT) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.89 and traded as low as $2.81. Duos Technologies Group shares last traded at $3.05, with a volume of 25,924 shares.

Duos Technologies Group Price Performance

The firm has a fifty day moving average price of $3.85 and a 200-day moving average price of $3.63. The firm has a market cap of $22.25 million, a price-to-earnings ratio of -1.94 and a beta of 1.07.

Duos Technologies Group (OTCMKTS:DUOT) last posted its quarterly earnings data on Monday, April 1st. The company reported ($0.44) earnings per share (EPS) for the quarter. Duos Technologies Group had a negative return on equity of 183.68% and a negative net margin of 55.74%. The business had revenue of $1.53 million for the quarter, compared to analyst estimates of $1.60 million. Equities research analysts anticipate that Duos Technologies Group Inc will post -1.18 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in Duos Technologies Group by 172.0% in the second quarter. Geode Capital Management LLC now owns 63,379 shares of the company’s stock valued at $376,000 after acquiring an additional 40,075 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Duos Technologies Group by 120.4% in the first quarter. Vanguard Group Inc. now owns 50,327 shares of the company’s stock valued at $277,000 after acquiring an additional 27,489 shares during the last quarter. Private Advisor Group LLC purchased a new position in Duos Technologies Group in the first quarter valued at about $162,000. Citadel Advisors LLC raised its position in Duos Technologies Group by 104.1% in the second quarter. Citadel Advisors LLC now owns 22,883 shares of the company’s stock valued at $136,000 after purchasing an additional 11,671 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in Duos Technologies Group in the first quarter valued at about $36,000. Institutional investors and hedge funds own 42.61% of the company’s stock.

Duos Technologies Group Company Profile

Duos Technologies Group, Inc, through its subsidiary, Duos Technologies, Inc designs and deploys artificial intelligence driven intelligent technologies systems in the United States. Its technology platforms include Praesidium, an integrated suite of analytics applications, which process and analyze data streams from virtually conventional or specialized sensors, and/or data points; and Centraco, a user interface that includes a physical security information management system.