Duos Technologies Group (DUOT) Set to Announce Earnings on Wednesday

Duos Technologies Group (NASDAQ:DUOT) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 20th. Analysts expect Duos Technologies Group to post earnings of ($0.25) per share for the quarter.

Duos Technologies Group (NASDAQ:DUOT) last announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $1.40 million. During the same period last year, the firm earned ($0.42) earnings per share. On average, analysts expect Duos Technologies Group to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Duos Technologies Group Stock Performance

NASDAQ:DUOT traded down $0.02 during mid-day trading on Wednesday, hitting $4.89. The company had a trading volume of 9,696 shares, compared to its average volume of 51,683. Duos Technologies Group has a fifty-two week low of $1.93 and a fifty-two week high of $5.74. The business’s fifty day moving average is $3.41 and its two-hundred day moving average is $2.94. The firm has a market cap of $37.60 million, a P/E ratio of -2.95 and a beta of 1.10.

Wall Street Analysts Forecast Growth

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

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.