Duos Technologies Group (OTCMKTS:DUOT) Shares Pass Below Fifty Day Moving Average of $3.89

Duos Technologies Group Inc (OTCMKTS:DUOT)’s stock price crossed 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 trading hands.

Duos Technologies Group Stock Performance

The company’s fifty day simple moving average is $3.89 and its two-hundred day simple moving average is $3.64. The stock has a market capitalization of $22.29 million, a PE ratio of -1.94 and a beta of 1.07.

Duos Technologies Group (OTCMKTS:DUOT) last posted its earnings results on Monday, April 1st. The company reported ($0.44) earnings per share 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 analysts’ expectations of $1.60 million. Sell-side analysts forecast that Duos Technologies Group Inc will post -1.18 EPS for the current fiscal year.

Institutional Investors Weigh In On Duos Technologies Group

Several hedge funds have recently modified their holdings of DUOT. Private Advisor Group LLC boosted its stake in shares of Duos Technologies Group by 115.0% during the 1st quarter. Private Advisor Group LLC now owns 26,550 shares of the company’s stock worth $146,000 after purchasing an additional 14,200 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Duos Technologies Group by 120.4% in the first quarter. Vanguard Group Inc. now owns 50,327 shares of the company’s stock worth $277,000 after acquiring an additional 27,489 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Duos Technologies Group in the first quarter worth approximately $36,000. Geode Capital Management LLC boosted its position in shares of Duos Technologies Group by 36.6% in the first quarter. Geode Capital Management LLC now owns 23,304 shares of the company’s stock worth $65,000 after acquiring an additional 6,249 shares during the last quarter. Finally, Citadel Advisors LLC boosted its position in shares of Duos Technologies Group by 104.1% in the second quarter. Citadel Advisors LLC now owns 22,883 shares of the company’s stock worth $136,000 after acquiring an additional 11,671 shares during the last quarter. 42.61% of the stock is owned by institutional investors and hedge funds.

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.