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 traded.

Duos Technologies Group Price Performance

The company’s 50-day moving average is $3.85 and its two-hundred day moving average is $3.63. The company has a market capitalization of $22.25 million, a P/E ratio of -1.94 and a beta of 1.07.

Duos Technologies Group (OTCMKTS:DUOT) last issued its quarterly earnings results on Monday, April 1st. The company reported ($0.44) EPS for the quarter. Duos Technologies Group had a negative net margin of 55.74% and a negative return on equity of 183.68%. The business had revenue of $1.53 million for the quarter, compared to the consensus estimate of $1.60 million. On average, sell-side analysts predict that Duos Technologies Group Inc will post -1.18 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of DUOT. Private Advisor Group LLC purchased a new stake in shares of Duos Technologies Group during the first quarter valued at approximately $162,000. Geode Capital Management LLC boosted its stake in shares of Duos Technologies Group by 172.0% during the second quarter. Geode Capital Management LLC now owns 63,379 shares of the company’s stock valued at $376,000 after purchasing an additional 40,075 shares during the period. Vanguard Group Inc. boosted its stake in shares of Duos Technologies Group by 120.4% during the first quarter. Vanguard Group Inc. now owns 50,327 shares of the company’s stock valued at $277,000 after purchasing an additional 27,489 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Duos Technologies Group during the first quarter valued at approximately $36,000. Finally, Citadel Advisors LLC boosted its stake in shares of Duos Technologies Group by 104.1% during 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. 42.61% of the stock is currently owned by institutional investors.

About Duos Technologies Group

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.